Philippines January inflation hits 4.2% yr/yr


MANILA, Feb 7 (Reuters): Philippine annual inflation accelerated faster than expected at 4.2% in January, the highest since January 2019, driven by the heavily-weighted food and non-alcoholic beverages index, the statistics agency has announced.

The headline figure beat the median forecast of 3.5% in a Reuters' poll and was outside the central bank's projected range of 3.3%-4.1% for the month.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Aseanplus News

'So hot you can't breathe': Extreme heat hits the Philippines
Repeat offender known to touch women’s feet charged with molestation
Lao health ministry warns of dangerous air pollution
Chinese sellers go to TikTok school to reach buyers abroad
Brunei police crack down on Tutong gambling ring
Prabowo vows to fight for all Indonesians, calls for unity among political elites
Latin American buyers looking to Vietnam for goods supply
Datuk Red and Adira are officially divorced, Adira not claiming alimony from bankrupt ex-husband
Girl in China dips feet into lake at historic Beijing site, says family is rich so can do as she pleases after warning
Thai police hunt two Japanese suspects in Bangkok murder-dismemberment case

Others Also Read