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(Eagle News) — Inflation or the rate of increase in the prices of commodity goods and services over a period of time, clocked in at 4.2 percent in November, indicating slower growth in such prices. According to the Philippine Statistics Authority, the 4.2 percent was slower than the 4.6 percent inflation rate recorded in October. With the 4.2 percent inflation rate, the PSA said the average inflation from January to November 2021 remained at 4.5 […]
(Eagle News) — Inflation accelerated to 3.3 percent in November, the fastest since April 2019, the Philippine Statistics Authority said on Friday, Dec. 4. According to the PSA, the inflation rate recorded last month was a jump from the 2.5 percent registered in October, the 1.3 percent recorded in November 2019. The PSA said the country’s year-to-date inflation for 2020 was at 2.6 percent. The agency attributed the overall acceleration to the annual increase of […]
