March inflation in Philippines 3.7%; clothing-footwear inflation 3.6%

Headline inflation in the Philippines increased to 3.7 per cent YoY in March from 3.4 per cent in February.
This is within the central bank’s forecast range of 3.4-4.2 per cent for the month.
Core inflation decelerated further to 3.4 per cent YoY in March from 3.6 per cent in February.
Inflation for clothing and footwear rose to 3.6 per cent YoY in March.

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