March inflation slows to 2.4% on lower oil prices

Apr 07, 2015 10:01 pm

CONSUMER prices grew at a slower rate in March from February and from a year earlier due to lower oil prices, which also pushed down housing costs and utility rates.

According to the Philippine Statistics Authority (PSA), headline inflation in March grew by a slower 2.4 percent from 2.5 percent in February and 3.9 percent in March last year.

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