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Philippines inflation accelerates to 4.7% in February

Published 03/05/2021, 09:13 AM
Updated 03/05/2021, 09:20 AM
© Reuters.

MANILA, March 5 (Reuters) - Philippine inflation picked up
to an annual rate of 4.7% in February PHCPI=ECI , the highest
since December 2018, mainly due to an uptick in the
heavily-weighted food and non-alcoholic beverages index, data
showed on Friday.
The headline figure matched the median forecast in a Reuters'
poll and was within the central bank's projected range of
4.3%-5.1% for the month.




Latest comments

That's due to bad economics and bad politicians especially the president.
That's due to bad economics and bad politicians especially the president.
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