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Philippine inflation accelerates to 4 pct in March

april 05, 2022by Reacties uitgeschakeld voor Philippine inflation accelerates to 4 pct in March

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MANILA, April 5 (Xinhua) — Year-on-year headline inflation in the Philippines accelerated to 4 percent in March from 3 percent in February, mainly due to higher inflation rates for food, utilities, and transport, the Philippine Statistics Authority (PSA) said on Tuesday.

At an online briefing, PSA head Dennis Mapa said the increase in fuel prices in the international market affected the three sectors, causing t

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