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Inflation still at 4.5 percent in April: PSA

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Inflation still at 4.5 percent in April: PSA

(Eagle News) — Inflation clocked in at 4.5 percent in April, the Philippine Statistics Authority said on Wednesday, May 5. The PSA said the 4.5 percent was the same rate recorded in March, but faster than the 2.2 percent rate recorded in April 2020. According to the PSA, varied annual growth rates in the indices of the commodity groups were observed in April. Annual increases, on the other hand, were higher in the indices of […]