WIRE — The Philippines' adjusted misery index eased to 23.2% in May from 26.3% in April, marking its lowest level since 20.8% in March. The decline reflected slower inflation, which eased to 6.8% in May from 7.2% in April. The adjusted underemployment rate* fell to 11.6% in May from 14.4% in April, while the official underemployment rate
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