Ben D. Kritz
WHEN it was announced earlier in the week that inflation in July had ebbed to a 20-year low of just 0.8 percent, very few analysts were surprised; having the benefit of an unambiguous, year-long trend on which to base their predictions (see chart), all of the analysts polled by The Manila Times accurately predicted a low range (from about 0.6 percent to about 1.3 percent) for inflation in July, and a few even correctly guessed the eventual 0.8 percent result.