Lower food prices pull down inflation to 2.4 percent in March 2015

MANILA – Lower food prices, primarily rice and meat, pulled down headline inflation to 2.4 percent in March 2015 from 2.5 percent in the previous month and from 3.9 percent in March 2014, according to the National Economic and Development Authority (NEDA). “The easing annual growth rate of rice prices was supported by favorable total continue reading : Lower food prices pull down inflation to 2.4 percent in March 2015