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BSP sees July inflation settling at 0.5% to 1.3%

The Bangko Sentral ng Pilipinas (BSP) on Thursday said it expects headline inflation to settle below 2% in July. The central bank’s month-ahead forecast showed that inflation likely fell within the 0.5%-to-1.3% range in July. If realized, July inflation would be slower than the 1.4% print in June and the 4.4% clip a year ago.[...]