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Philippine inflation rate slightly rises to 3.9 pct in May

juni 05, 2024by Reacties uitgeschakeld voor Philippine inflation rate slightly rises to 3.9 pct in May

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MANILA, June 5 (Xinhua) — The Philippines’ inflation rate rose up to 3.9 percent in May from 3.8 percent in April, the Philippine Statistics Authority (PSA) said on Wednesday.

The May inflation rate brings the national average in the first five months to 3.5 percent.

In a news conference, PSA chief Dennis Mapa said the uptick in overall inflation in May was primarily influenced by the higher year-on-year

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