Pedestrians walk past Quiapo Church in Manila, the Philippines, on Wednesday, September 04, 2024. Photographer: Geric Cruz/Bloomberg /Bloomberg (Bloomberg) — Philippine inflation eased for a second month, but the central bank said consumer price pressures remain strong and is prepared to take further monetary action to ensure that it returns to target. Sign In or Create an Account Inflation stood at 6.4% in June compared with 6.8% in May, the Philippine Statistics Authority said on Tuesday.