Economists expect inflation to have held steady in July, as higher costs for fuel, electricity, and food were slightly offset by lower rice and other food prices, Philstar Biz reported.
The mixed price movements reflect ongoing supply-side pressures in the economy, with energy and transport costs remaining elevated while agricultural harvests helped ease food prices. Analysts noted that the balance of these factors kept the overall inflation rate within a narrow range.
The assessment comes ahead of the official release of consumer price index data for July. A steady reading would mark a pause after months of volatility and could influence the central bank's monetary policy stance in the coming months.