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

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