MANILA -Philippine stocks closed flat on Friday even after new government data showed inflation cooling for a third straight month last April to 6.6 percent. By the closing bell, the benchmark Philippine Stock Exchange index (PSEi) was up by just 0.02 percent, or 1.31 points, to 6,685.66 while the broader All Shares index added 0.07 percent, or 2.42 points, to 3,556.06. According to the Philippine Statistics Authority, the April inflation print was lower than the previous month's reading of 7.6 percent. Core inflation, however, was marginally lower at 7.9 percent in April versus 8 percent in March, underscoring continued risks to consumers. The Bangko Sentral ng Pilipinas said o...Keep on reading: Easing inflation fails to thrill investors as risks remain