PH inflation slowed to 2.8% in January

MANILA,  Philippines  —Inflation eased to 2.8 percent in January, putting price growth well within the government’s 2 to 4 percent target range. Last month’s reading was softer than the 3.9 percent recorded in December, the Philippine Statistics Authority reported Tuesday. It also hit the lower-end of the Bangko Sentral ng Pilipinas’ (BSP) forecast range of
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