Inflation cools to to 1.5% in November

MANILA, Philippines —  Inflation in the Philippines eased to 1.5 percent in November on the back of a decline in food costs, the Philippine Statistics Authority (PSA) reported on Friday. The latest reading is slower than October’s 1.7 percent. It came in below the 1.6-percent median forecast of 10 economists that the Inquirer polled last