THE slower increase in the prices of food and non-alcoholic beverages caused the Philippines’ headline inflation to slow further to 3.0 percent in April, the lowest recorded in 16 months, the Philippine Statistics Authority (PSA) reported on Tuesday.

In a briefing, the state-run statistics agency said the rate of the increase in the prices of goods and services was lower than March’s 3.3 percent and year-ago’s 4.5 percent.

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