MANILA, Philippines — The downturn of the inflation rate has boosted consumers’ spending power and created more jobs, Undersecretary Rosemarie Edillon of the National Economic Development Authority (Neda) said on Friday. Based on the latest data, inflation eased to 1.9 percent in September, falling short of market forecasts and the Bangko Sentral ng Pilipinas’ (BSP) Read The Rest at :
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