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Archive > Monthly Inflation Forecast
MBC expects July inflation at 3.4%-3.7%
July 30, 2003 - Makati Business Club (MBC) Research expects the country's inflation rate between 3.4%-3.7% on a year-on-year basis in July from 3.4% in June. The forecast also assumes that prices of food, particularly fish and vegetables, rose due to typhoon "Harurot." Prices of other consumer goods were expected to have remained stable, discounting any impact on inflation caused by the 27 July mutiny. Fuel pump prices and transport fares have likewise remained constant since June.
 
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