Inflation expected to ease anew in July

INFLATION will likely move closer to falling back within target in July due to base effects and lower energy prices, analysts polled by The Manila Times said.

The median forecast in a poll of 11 analysts was 4.8 percent, an easing from the June result of 5.4 percent and near the upper end of the Bangko Sentral ng Pilipinas' (BSP) 2.0- to 4.0-percent target range.