August inflation eases at 6.3%

The country’s inflation rate has slightly eased to 6.3 percent in August 2022 from 6.4 percent in the previous month, according to the latest report of the Philippine Statistics Authority.

This is within the Bangko Sentral ng Pilipinas’ forecast range of 5.9 percent to 6.7 percent for the month, while year-to-date inflation picked up to 4.9 percent, the PSA report said.

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