RHB | Philippines | July’s Inflation Cooled To A 21-Year Low

Economic Research	05 August 2015
Philippines
Economic Highlights
July’s Inflation Cooled To A 21-Year Low The Philippines’ inflation rate edged lower to 0.8% y-o-y in July, bringing the headline readings to a new 21-year low level, from +1.2% in June. This was led by a decline in the cost of transportation due to falling energy prices while the prices of food & beverages, furnishing & housing equipment, health, and education moderated during the month. Economist:  Vincent Loo Yeong Hong  | +603 9280 2172
To access our recent reports please click on the links below: 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 26 June 2015: Policy Rates Kept Unchanged As Domestic Activities Remain Firm 22 June 2015: Current Account Surplus Shrank in 1Q 11 June 2015: The Philippines' Exports Contracted In April 05 June 2015:Inflation Eased Further To A Nine-Year Low In May 01 June 2015:Money Supply Rose While Bank lending Slowed in April