Duterte Administration

Inflation rate bumaba sa 3.8% ngayong Pebrero, mula sa 4.4% noong Enero

Inflation rate bumaba sa 3.8% ngayong Pebrero, mula sa 4.4% noong Enero

Philippine inflation further slowed to 3.8 percent in February 2019, the Philippine Statistics Authority said on Tuesday.

The deceleration of inflation in February was mainly driven by food and non-alcoholic beverages, alcoholic beverages and tobacco, and transport.

This is the lowest inflation rate since March 2018. This is also the first time the government hit its 2-4 percent inflation target after a year.

source: cnn

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