Inflation drops to 5.4% in June

Jul 06, 2023 12:40 am

(UPDATE) INFLATION slowed for a fifth consecutive month in June as transportation and food prices fell, the Philippine Statistics Authority (PSA) reported on Wednesday.

The 5.4-percent result, down from 6.1 percent in May and a year earlier, fell within the Bangko Sentral ng Pilipinas' (BSP) 5.3- to 6.1-percent forecast for the month. It also matched the 5.4-percent median in a Manila Times poll of economists.

Already have an active account? Log in here to continue reading.
Or
Subscribe to the Premium Subscription plan to access this subscriber-exclusive article.

Related Articles

Outstanding NG debt slightly lower at P15.55T

PH manufacturing sees growth surge

Net hot money flows plummet in August

BSP: Sept inflation likely fell to 2.0-2.8%

US Fed 'not in a hurry' to cut rates

Ekklesia Mutual Fund Inc. announces annual stockholders' meeting

Solidaritas Fund Inc. gives notice of annual stockholders' meeting