0224 GMT - Consumer inflation in the Philippines likely cooled slightly to 6.3% on year in July, according to the median estimate of nine economists polled by The Wall Street Journal. That is a tad slower than June's 6.4% increase. Headline inflation likely edged lower in July due to lower gasoline and rice prices, Barclays analysts say in a note. Bangko Sentral ng Pilipinas has said it expects July inflation to be within the 5.6% to 6.6% range. It also said that it would continue to monitor recent developments in the Middle East for implications on inflation and economic activity. The data are due Wednesday.
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