Philippine inflation drops to 3.7% in June , The public service announcement covered Thursday that the customer cost list (CPI) rose to 3.7% year-on-year in June, contrasted and 3.9% in May and 5.4% around the same time a year prior. This fell inside the Bangko Sentral ng Pilipinas (BSP) 3.4-4.2% gauge for the month, however underneath the normal gauge of 3.9% in a BusinessWorld study of 14 experts.