Inflation Stabilises in July

Economic Research	08 Aug 2016
Philippines
Economic Highlights
Inflation Stabilises in July The Philippines’ inflation rate stabilised at 1.9% y-o-y in July, from the same rate in June and +1.6% in May. Faster increases in prices of alcoholic beverages, furnishing & household equipment, and recreation & culture were mitigated by a moderation in the prices of food. Economist:  Rizki Fajar  | +6221 2970 7207
To access our recent reports please click on the links below: 01 Aug: Weakening In Philippines’ Oversea Workers Remittances, But There Are Silver Linings 01 Aug:  Money Supply and Bank Lending Decelerate In June 01 July: Money Supply and Bank Lending Continue to Increase In May 24 June: Policy Rates Keep On Hold In June Under the New IRC System 20 June: As Expected, Current Account Surplus Dwindled in 1Q 2016 13 June: Exports Still Contract in May, But By A Smaller Magnitude