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PHL inflation eases to new low in March

MANILA, Philippines – Philippine inflation slowed to a two and a half year low of 2.6 percent in March on easing utility and transport prices, the National Statistics Office (NSO) reported Wednesday. This is the lowest annual inflation change recorded since September 2009 when inflation eased to 2.2 percent. The NSO said the indices of alcoholic beverages and tobacco, clothing and...