Rice, meat prices tagged as inflation rises to 3.7%

Apr 06, 2024 12:28 am

INFLATION rose for a second straight month in March as prices of key food items — particularly rice and meat — and transport costs rose, the Philippine Statistics Authority (PSA) reported on Friday.

Consumer price growth picked up to 3.7 percent from February's 3.4 percent but stayed within the Bangko Sentral ng Pilipinas' (BSP) 2.0- to 4.0-percent target.

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