Saturday 15 December
Dec 5, 2018 @ 12:26

November inflation surprises at 6%

 

Prices are finally going down.

November inflation settled at 6%, better than the 6.7% print in October. The Philippine Statistics Authority (PSA) gave a good shock to the market on Dec. 5, Wednesday as the actual inflation reading turned out better than expected.

Food prices saw softer increases compared to the previous month, with all products especially rice posted a slower growth from October.

Month-on-month inflation even dropped as it recorded -0.3%.

Please follow and like us:

Tags: , , , , ,

Related Stories
GoPro on Monday announced plans to pull production of US-bound cameras out of China to
OPEC members and other oil-producing countries may not be able to agree a reduction in
Prices are finally slowing down.
Consumer spending posted an even slower growth at a time of skyrocketing prices.


 

Trending News

Recommended on sister sites

Copyright © 2018 Bilyonaryo - Latest news on the richest Filipinos and Family Business.