RHB | Philippines| Inflation In August Continued To Remain Muted

Economic Research	07 September 2015
Philippines
Economic Highlights
Inflation In August Continued To Remain Muted The Philippines’ inflation rate inched lower to 0.6% y-o-y in August, from +0.8% in July and +1.2% in June. The enduring disinflationary pressure was caused by a smaller increase in the prices of food & non-alcoholic beverages and a larger contraction in the costs of housing & utility and transport services, but offset partially by a pick-up in the prices of education and restaurant & miscellaneous goods & services. Economist:  Vincent Loo Yeong Hong  | +603 9280 2172
To access our recent reports please click on the links below: 01 September 2015: Money Supply And Bank Lending Softened In July 28 August 2015: Economic Growth Eyed A Mild Pick-Up, Tempered By Weaker Trade Balance 14 August 2015: Policy Rates Stayed Pat in August 12 August 2015: Exporters Grapple With Contraction In June, Albeit Magnitude Eases 05 August 2015:July’s Inflation Cooled To A 21-Year Low 03 August 2015: Money Supply And Bank Lending Eased In June 10 July 2015: Exports Take A Nosedive In May 07 July 2015 : June’s Inflation The Slowest In 21 Years 01 July 2015: Money Supply Climbed While Bank Lending Trended Lower in May