"The downtrend in the overall inflation in January 2024 was primarily brought about by the slower annual increment of food and non-alcoholic beverages at 3.5 ...
MANILA, Philippines โInflation eased to 2.8 percent in January, putting price growth well within the government's 2 to 4 percent target range.
Consumer prices grew at a much slower pace in January amid better food supply, but the El Niรฑo weather phenomenon is threatening to erase.
Neda reported that the Philippines inflation rate slowed down to 2.8%, the lowest since October 2022.
By Keisha B. Ta-asan, Reporter. HEADLINE INFLATION sharply decelerated to an over three-year low of 2.8% in January, marking the second straight month it ...
Driven mainly by the slower increases in food prices, inflation eased further to 2.8 percent in January, according to the Philippine Statistics Authority.
In January 2024, the inflation rate in the Philippines fell to 2.8%, offering a more optimistic economic outlook. Major factors included improved food ...