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(Eagle News)–The Philippines’ inflation accelerated to 3.7 percent in March 2024, the Philippine Statistics Authority reported on Friday, April 5. The PSA said in February, inflation was at 3.4 percent. The March 2024 inflation rate was, however, lower than the 7.6 percent inflation rate recorded in the same month last year. The PSA said the uptrend in the overall inflation in March was primarily influenced by the higher year-on-year increase in the heavily-weighted food and […]
(Eagle News)–Inflation eased further to 3.9 percent in December 2023, the lowest for the year, according to the Philippine Statistics Authority. The PSA said this was 0.2 lower than the 4.1 percent recorded in November 2023, and 4.2 percent lower than the 8.1 percent recorded in December 2022. The downtrend in the overall inflation in December 2023, the PSA said, was mainly brought about by the lower year-on-year growth in the index of housing, water, […]
