MANILA, Philippines — High power rates and fuel prices, as well as transport costs pushed inflation to slightly higher last month, the Philippine Statistics Authority (PSA) reported on Wednesday.

For four consecutive months, inflation picked up in May to 3.9 percent from April's 3.8 percent. This is markedly lower than the 6.1 percent recorded in the same month last year.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details