BusinessWorld E-paper
July 31, 2023
INFLATION likely further eased to below the 5% level in July, as base effects and lower power rates may have tempered higher food costs and pump prices, a BusinessWorld
poll showed.
A BusinessWorld poll of 17 analysts yielded a median estimate of 4.9% for July inflation, which would be slower than the 5.4% print seen in June and the 6.4% print in July 2022.
