HOLIDAY SEASON PUSHES INFLATION UP IN DECEMBER 2016

MANILA – Inflation in December 2016 slightly rose to 2.6 percent from 2.5 percent in the previous month, bringing full-year 2016 inflation to 1.8 percent, according to the National Economic and Development Authority (NEDA). “The uptick in inflation last month was caused by price increases partly due to the holiday season and supply constraints on continue reading : HOLIDAY SEASON PUSHES INFLATION UP IN DECEMBER 2016

SURGE IN UTILITY PRICES PUSHES INFLATION UP IN NOVEMBER 2016

MANILA – Inflation in November 2016 slightly rose to 2.5 percent from 2.3 percent in the previous month, due to the increase in the prices of major non-food commodities, according to the National Economic and Development Authority (NEDA). “The increase in inflation can be attributed to the increase in domestic prices of petrol products, which continue reading : SURGE IN UTILITY PRICES PUSHES INFLATION UP IN NOVEMBER 2016