The Philippines’ consumer price inflation slowed marginally in February from a more than 14-year high in January amid a slowdown in transport charges, data from the Philippine Statistical Authority showed on Tuesday.
The consumer price index, or CPI, climbed 8.6 percent year-over-year in February, slightly slower than the 8.7 percent rise in January. Meanwhile, economists had forecast inflation to rise further to 8.8 percent.
