Inflation in May 2016 accelerated to 1.6 percent from 1.1 percent in the previous month as both food and non-food prices picked up in the period, according to the National Economic and Development Authority (NEDA). “The increase in inflation can be attributed to higher demand due to election spending and partly to supply constraints in continue reading : ​ELECTION SPENDING, EL NIÑO PUSH INFLATION UP IN MAY 2016