philippine-annual-inflation-at-2.8%-in-january-by-reutersPhilippine Annual Inflation At 2.8% In January By Reuters

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Published Feb 05, 2024 08:05PM ET Updated Feb 05, 2024 08:21PM ET

Philippine annual inflation at 2.8% in January © Reuters. People walk along a street market in Quiapo, in Manila, Philippines, July 11, 2023. REUTERS/Eloisa Lopez/File Photo

MANILA (Reuters) – Philippine annual inflation was at 2.8% in January, versus the previous month’s 3.9%, the statistics agency said on Tuesday.

Economists in a Reuters poll had forecast annual inflation of 3.1% in January, within the central bank’s 2.8% to 3.6% projection for the month.

Philippine annual inflation at 2.8% in January

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