Tag: 2.7 percent

PSA: Inflation picks up to 2.7 percent in July

(Eagle News) – -Inflation accelerated further to 2.7 percent in  July, the Philippine Statistics Authority said on Wednesday, Aug.5. This brings the year-to-date inflation for 2020 at 2.5 percent. In June, inflation was at 2.5 percent and in July 2019, 2.4 percent. According to the PSA, the acceleration in the overall inflation was caused by the jump in the inflation of the transport index at 6.3 percent during the month with the easing of lockdown […]