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RP’s inflation rate settles at 4% in August

By Ronnel Domingo
Philippine Daily Inquirer
First Posted 11:50:00 09/07/2010

Filed Under: Economy and Business and Finance, inflation

MANILA, Philippines -- The country was able to stay within its targeted inflation in the month of August.

The National Statistics Office announced that the August inflation settled at 4 percent, within the government?s target range of 3.6 percent up to 4.5 percent.

So far, the average monthly inflation from January to August has been 4.2 percent.

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