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#2 Much Work Lies Ahead to Steer Inflation but 5.4% June Record Lowest in 13 Mos.
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Item 2 - PHILIPPINE inflation eased to 5.4 percent in June, down from 6.1 percent in May 2023. The June inflation rate is within the 5.3 to 6.1 percent central bank forecast range, settling below the median estimate of 5.5 percent by private analysts.
Inflation is the rate of increase in prices over a given period of time. It is typically a broad measure, such as the overall increase in prices or the increase in the cost of living in a country.
Many have become worrisome when inflation reached 8.6 percent in February 2023 And by March 2023, it went down to 7.6 percent.
#2 Much Work Lies Ahead to Steer Inflation but 5.4% June Record Lowest in 13 Mos.
₱2500.00
Item 2 - PHILIPPINE inflation eased to 5.4 percent in June, down from 6.1 percent in May 2023. The June inflation rate is within the 5.3 to 6.1 percent central bank forecast range, settling below the median estimate of 5.5 percent by private analysts.
Inflation is the rate of increase in prices over a given period of time. It is typically a broad measure, such as the overall increase in prices or the increase in the cost of living in a country.
Many have become worrisome when inflation reached 8.6 percent in February 2023 And by March 2023, it went down to 7.6 percent.