BusinessWorld E-paper
March 6, 2024
HEADLINE INFLATION accelerated for the first time in five months in February as prices of food, particularly rice, rose faster than expected, according to preliminary data from the Philippine Statistics Authority (PSA).
Data released by the PSA on Tuesday showed that the consumer price index (CPI) quickened to 3.4% in February from 2.8% in January but slower than the 8.6% print a year ago.
