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(Eagle News)–Headline inflation in the Philippines slowed down further to 7.6 percent in March 2023, the Philippine Statistics Authority said. According to the PSA, inflation was pegged at 8.6 percent in February 2023. The inflation rate in the same month in 2022 was at 4 percent. The PSA said among the 13 commodity groups, the continued downtrend of the overall inflation in March was mainly brought about by the food and non-alcoholic beverages category, which […]
(Eagle News)–Inflation further eased to 2.5 percent in March 2020, amid the coronavirus disease 2019 crisis. The Philippine Statistics Authority said this was slower than the 2.6% recorded in February, and the 3.3% in March last year. The PSA said the slowdown was primarily due to the drop in the transport index, at an annual rate of 1.8 percent. Slower annual increments in the indices of alcoholic beverages and tobacco at 18.0 percent; and housing, […]
