Philippine annual inflation slows to 3.3% in August
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MANILA :Philippine annual inflation slowed to a seven-month low in August as price increases on food and transport costs moderated, the statistics agency said on Thursday, giving the central bank room to further ease rates. The consumer price index (CPI) rose 3.3 per cent in August from a year earlier, below the previous month's 4.4 per cent rise, bringing average inflation to 3.6 per cent in the first eight months of the year, well within the central bank's 2 per cent to 4 per cent comfort
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