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Philippines inflation likely eased to 6.0% in August, WSJ poll

Philippines consumer inflation is likely to ease to 6.0% year on year in August from July’s 6.2%, per a median estimate of seven economists polled by The Wall Street Journal. ING cites lower retail fuel prices.

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Consumer inflation in the Philippines likely eased to 6.0% on year in August from July's 6.2%, according to the median estimate of seven economists polled by The Wall Street Journal.

Prices likely softened due to lower retail fuel prices, ING economists say in a note.

However, core inflation pressu…