• The Philippines’ consumer prices rose less than economists expected in January.
• Consumer prices rose 2.8% y/y (estimate +3.1%) in January versus +3.9% in December, according to the Philippine Statistics Authority
  ** Estimates range +2.3% to +3.5%, 25 economists
• Core consumer prices rose 3.8% y/y
• Capital region consumer prices rose 2.8% y/y
• Consumer prices rose 0.6% m/m
• Rice inflation rose 22.6% y/y
• Inflation rate eased as food and drinks price increases slowed, statistics agency says