Tag: 8.6 percent

PSA: Inflation slows down to 8.6 percent in February 2023

(Eagle News) — Headline inflation in the Philippines slowed down to 8.6 percent in February 2023. According to Philippine Statistics Authority data, this is slower than the 8.7 percent reported in January 2023. The PSA said of the 13 commodity groups, “transport was the sole driver of the downtrend of the overall inflation during the month..,” with a 9.0 percent inflation rate reported in February 2023 from 11.1 percent inflation in January 2023. The PSA […]