A shopper inspects apples at a stall in Quinta Market in Quiapo, Manila on Tuesday, the day the Philippine Statistics Authority announced that headline inflation eased to 2.4 percent last month. (Photo by Enrique Agcaoili)

THE Philippines’ headline inflation further decelerated to 2.4 percent in July, its lowest in more than two and a half years, on the back of lower prices of food and non-alcoholic drinks.

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