Philippines' Inflation Picks up to 2.7% in July​



MANILA (Reuters) - The Philippines' annual inflation picked up to 2.7% in July, the fastest pace in six months, driven by increases in transport costs, the country's statistics agency said on Wednesday.

Last month's headline figure <PHCPI=ECI> was near the upper end of the central bank's forecast range of 2.2% to 3.0% for the month, and above the median 2.5% estimate in a Reuters' poll.

In June, the consumer price index was 2.5%.

 

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