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Philippines: April inflation down to 6.6%, but…

The Philippine Statistics Authority (PSA) [link] provided consumer price index (CPI) data for April and revealed that headline inflation had fallen to 6.6% from March’s 7.6% and February’s 8.6%. Core inflation, which excludes certain food and energy items, was only down slightly to 7.9% from March’s 8.0%. All of the analysts surveyed by BusinessWorld had predicted April’s CPI to […]

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