THE Philippines posted its slowest headline inflation rate in two months last March, softening to 4.5 percent, as price growth of food and nonalcoholic beverages slips, the Philippine Statistics Authority reported on Tuesday.
The figure slid from February’s 4.7 percent, but still faster from last year’s 2.5 percent, still within the Bangko Sentral ng Pilipinas’ (BSP) 4.2- to 5-percent forecast range.