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Inflation watch 2021

Inflation watch 2021

LATEST UPDATE: April 6, 2021 - 9:06am
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April 6, 2021

Inflation unexpectedly eases to 4.5% in March 2021 from 4.7% in February due to slower increases in prices of vegetables, fish and fruits. —  Prinz Magtulis

March 5, 2021

Headline inflation climbs to 4.7% in February, the highest inflation recorded since January 2019, the Philippine Statistics Authority says.

"The main reason for the rise in inflation in the month of February 2021 is the faster increase in the price of Food and Non-Alcoholic Beverages," PSA says.

January 5, 2021

The Philippine Statistics Authority reports that for all of 2020, inflation averaged 2.6% year-on-year largely as a result of slower price upticks during lockdowns in the early months.

That average was in the low end of Bangko Sentral's 2-4% target for the year. — Philstar.com/Prinz Magtulis

Get the latest news on inflation and consumer prices in the Philippines here. Main photo by The STAR/Boy Santos.

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