The country's inflation rate eased to 6.2% in July, according to a report by Philstar Biz, continuing a gradual slowdown in price growth.
The latest figure remains above the central bank's target range of 2% to 4%, though it has fallen from higher levels earlier in the year. Economists point to easing global commodity prices and improved domestic supply conditions as key factors behind the moderation.
The cooling inflation trend could influence the Bangko Sentral ng Pilipinas' monetary policy stance in the coming months, with analysts watching for possible adjustments at the next policy meeting.