Tuesday 20 August
Jun 5, 2019 @ 15:04

May inflation uptick causes mild surprise

 

Inflation for the month broke an established downtrend since late 2018.

Visayas jeep fare hike may trigger higher May inflation

The Philippine Statistics Authority (PSA) broke some not-so-good news Wednesday as May inflation turned out higher than expectations at 3.2 percent, above what economists were expecting.

Not bad for math hater: Malacanang gives Duterte credit for taming inflation

The increase came as vegetables, fruits, and fish became more expensive versus the previous year.

Cheap rice slows down inflation to 3% in April

Still, inflation is within the two to four percent target of the Bangko Sentral ng Pilipinas.

Inflation down to 3.8% in first quarter this year

Please follow and like us:
error

Tags: , , , , ,

Related Stories
The cost of living measure dropped to 2.4% in July, largely due to lower food
The Bangko Sentral ng Pilipinas’ (BSP) is expected to slash key policy rates next month
Senator Panfilo Lacson commended President Duterte’s economic team for taking resolute actions to contain inflation,
Inflation eased to 2.7% last month as price increases in food and non-alcoholic drinks decelerated.


 

Trending News

Copyright © 2019 Bilyonaryo - Latest news on the richest Filipinos and Family Business.