Forex | Forex | Consumer prices in Philippines gained during August (04/09/2009 05:12:52)

Consumer prices in Philippines gained during August

Consumer prices in Philippines gained in August, but still inflation risks subdued giving a chance for monetary policy makers to keep interest rates at the current low record in order to support economic growth, worth mentioning that economic growth accelerated in the second quarter. Consumer prices in Philippines gained 0.1% during August from a year earlier compared with a previous incline by 0.2%, while it was forecasted to climb 0.2%. Monthly consumer prices climbed 0.2% compared with 0.3%


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