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BusinessWorld E-paper

August 23, 2024

PHILIPPINE headline inflation could ease to less than 2% in the fourth quarter of this year, Nomura Global Markets Research said in a report.

Nomura said it is “penciling in a trajectory in which headline inflation drops to less than 2% by fourth quarter 2024, a substantial decline from 4.4% in July, and thereafter hovering within a similar range for most of the first half of 2025.”

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