Poll: Inflation likely slowed in July

By Luisa Maria Jacinta C. Jocson, Senior Reporter

HEADLINE INFLATION likely fell to a near six-year low in July due to softer prices of food and fuel, analysts said.

A BusinessWorld poll of 17 analysts yielded a median estimate of 1.2% for the July consumer price index, within the central bank’s 0.5%-to-1.3% forecast for the month.

The July print would be slower than the 1.4% in June and 4.4% clip a year ago.