Central Visayas inflation slows to 8.7% in July

CENTRAL Visayas' headline inflation slowed to 8. 7 percent in July from 10. 1 percent in June as price increases eased across major commodity groups, particularly food and transport.

Data released by the Philippine Statistics Authority (PSA) on Wednesday, August 5, showed inflation for food and non-alcoholic beverages, the region's largest expenditure group, slowed to 10. 7 percent in July from 14. 1 percent in June.

Transport inflation also eased to 14. 7 percent from 16. 8 percent a month earlier, contributing to the slower increase in consumer prices.