JUST IN. Inflation slowed further to 4.7% in July, down from 5.4% in June, the Philippine Statistics Authority said on Friday, August 4. This marks the sixth straight month since rates started falling from a peak of 8.7% in January.
, the Philippine Statistics Authority said on Friday, August 4.The drop in July was attributed to easing prices of housing, water, electricity, gas, and other fuels ; food and non-alcoholic beverages ; and transport .
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