Inflation up at 4.9% in August

By Anna Leah E. Gonzales

Sep 08, 2021 1:55 am

THE headline inflation accelerated to 4.9 percent in August 2021, the highest recorded since the 5.1 percent in December 2018.

In a briefing on Tuesday, National Statistician Claire Dennis Mapa said the inflation rate during the month was higher than the 4 percent in July and the 2.4 percent in August last year.

ACCELERATED INFLATION A representative from the Department of Trade and Industry inspects the price of an item at a grocery store. The country recorded its highest inflation rate at 4.9 percent in August. PHOTO BY RENATO DILAN

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