MANILA, Philippines--Inflation likely further eased in July and possibly fell to levels unseen since 2016 thanks to stable food prices and base effects. Among the 12 economists polled by the Inquirer last week, the lowest forecast for July headline inflation was 2.2 percent year-on-year---the same rate of increase in prices of basic commodities was last posted in December 2016. The government will release July inflation data on Tuesday (Aug. 6). The top end of forecasts was 2.6 percent, which would be the lowest since the same rate was recorded in August 2017. Bank of the Philippine Islands vice president and chief economist Emilio S. Neri Jr., and Capital Economics Asia ec...
Keep on reading: Economists: Inflation further eased in July
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