The monthly average peso-dollar exchange rate continued to went up to 41.1422 in April, from 40.7127 in March 2013. The headline inflation rate further slowed down to 2.6 percent in April from 3.2 percent in March, According to NSO, this is due to the slower annual increments in the entire commodity group except in the education index. On the other hand, core inflation went down to 3.1 percent in April from 3.8 percent in March.

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