MANILA, Jan. 7 – Cutbacks in the prices of petroleum and electricity with lower increases in the price of most food items brought headline inflation down to 2.7 percent in December 2014 from 3.7 percent in the previous month, according to the National Economic and Development Authority (NEDA) said in a statement. This is the fourth consecutive month that headline inflation slowed down, which pulled average inflation for full-year 2014 to 4.1 percent. Thus, the […]