Philippine inflation weakened to the lowest level in nearly five years in March, giving room for the central bank to ease monetary policy further.
Consumer price inflation weakened to 1.8 percent in March from 2.1 percent in February, data from the Philippine Statistics Authority showed Friday. This was the lowest rate since May 2020.
Core inflation, which excludes food and energy prices, stood at 2.2 percent, down from 2.4 percent in the previous month.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.