Inflationary pressures slackened further last month, with the growth in the consumer price index (CPI) decelerating to 1.88 percent and the wholesale price index (WPI) posting its first decline in three years, thanks to falling fuel and raw material prices, the Directorate-General of Budget, Accounting and Statistics (DGBAS) said yesterday. <more>
By Crystal Hsu
STAFF REPORTER
Saturday, Dec 06, 2008, Page 12