PH inflation eased further to 6.1% in Aug

Inquirer.net 4 h Philippines

MANILA, Philippines — Inflation eased for the fourth straight month in August to 6.1 percent as slower price increases in food, housing and utilities helped offset elevated transport costs, the Philippine Statistics Authority (PSA) said on Friday. The latest reading was lower than the 6.2 percent recorded in July, bringing the year-to-date average to 5.2

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