Tag: 16 months

Inflation slows to 16-month low in April

(Eagle News)–Inflation slowed down further in April, the slowest pace in 16 months, the Philippine Statistics Authority said. According to the PSA, the 3.0 inflation in April is the lowest inflation posted since January 2018. Inflation rate in March 2019 was recorded at 3.3 percent and in April 2018, 4.5 percent. “The slowdown was mainly brought about by the slower annual increase in the heavily-weighted food and non-alcoholic beverages index at 3.0 percent,” the PSA […]