Philippine annual inflation slows to 6.8% in May

MANILA — Philippine annual inflation PHCPI=ECI stood at 6.8% in May, below the previous month’s 7.2% rate, driven mainly by slower increases in food and transport costs, the statistics agency said on Friday. The consumer price index was below the 7.5% median forecast in a Reuters poll. It was also below the central bank’s projection that annual inflation in […] The post Philippine annual inflation slows to 6.8% in May appeared first on Interaksyon.