PH inflation eased further to 6.1% in Aug
Philippine inflation eased to 6.1% in August, down from 6.2% in July, as slower price increases in food, housing, and utilities offset rising transport costs. Despite the continued decline, the rate remains well above the central bank's target, with rice and transportation costs posing significant pressures on households. Concerns linger about the impact of adverse weather on food prices.
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