PSA: Inflation still at 4.5 percent in May

0
168

(Eagle News) — Inflation remained at 4.5 percent in May, the country’s recorded level of inflation since March 2021. According to the Philippine Statistics Authority, the flat inflation rate was due to mixed movements in the annual growth rates in the indices of the commodity groups. The PSA said the annual growth rates in the indices of clothing and footwear; housing, water, electricity, gas, and other fuels; furnishing, household equipment and routine maintenance of the […]