PHILIPPINE INFLATION likely accelerated to as high as 7% in June, as rising electricity rates and higher vegetable prices offset declines in oil and other key food items, the Bangko Sentral ng Pilipinas (BSP) said on Tuesday. 
In its month-ahead inflation forecast, the BSP said inflation likely settled at 6% to 7% in June, faster than the 1.4% clip a year ago. [...]