Consumer prices quickened at a much faster pace in March amid skyrocketing fuel costs. The Philippine Statistics Authority (PSA) reported Tuesday, April 5, that headline inflation clocked in at 4.0 percent last month, jumping from 3.0 percent in February, but marginally slower compared with 4.1...
Consumer prices remained steady at 3.0 percent in February due to slower inflation for food items, but economists warned that the uptick will likely accelerate in the coming months on skyrocketing oil prices as war continues to rage in Ukraine. The Philippine Statistics Authority reported on...
The Department of Finance (DOF) expects inflation to gradually trend downward in the coming months as the government implements programs aimed at mitigating food supply concerns. Finance Undersecretary and Chief Economist, Gil S. Beltran, said the further deceleration of inflation to 3.65 percent...
Consumer prices last year rose at a much faster pace than government had predicted even as inflation eased to its lowest monthly rate in December, data from the Philippine Statistics Authority (PSA) showed. The country’s headline inflation clocked in at 3.6 percent last month, the lowest posted...
The rate of increase in consumer prices continued to decelerate for the third straight month in November due to slowdown in food costs, the Philippine Statistics Authority (PSA) reported. The headline inflation rate further eased to 4.2 percent last month from 4.6 percent in October, but still...
Consumer prices last month rose near the lower end of a government forecast owing to slower increase in food prices, the National Economic and Development Authority (NEDA) reported on Friday, Nov. 5. Data from the Philippine Statistics Authorty showed that prices increased 4.6 percent in October,...
Consumer prices rose at a slower pace last month brought about by softer costs of transportation as well as food and beverages, the Philippine Statistics Authority (PSA) announced on Tuesday, Oct. 5. 15INFLATION The country’s headline inflation eased to 4.8 percent in September from 4.9 percent...
Consumer prices last month eased to 4.8 percent, the Philippine Statistics Authority (PSA) reported. (MANILA BULLETIN FILE PHOTO) The September inflation rate is lower than the 4.9 percent in the previous month, but quicker compared with the 2.3 percent rise of a year ago. Last month's average...
Consumer prices quickened at a much faster pace last month due to costlier food items. Vegetable seller The Philippine Statistics Authority (PSA) reported Tuesday, Sept. 7, that headline inflation clocked in at 4.9 percent in August, faster than the 4.0 percent seen in the previous month and 2.4...
The rate of increase in consumer prices was steady for the third straight month in May, but remained above the Duterte administration’s target, data from the Philippine Statistics Authority (PSA) showed on Friday, June 4. The country’s headline inflation clocked in at 4.5 percent last month,...
