MANILA, May 5 (NNN-PNA) – Year-on-year headline inflation in the Philippines was posted at 4.5 percent in Apr, the same rate as in Mar, the Philippine Statistics Authority (PSA) said today.
“This brings the average inflation at the national level from Jan to Apr, 2021, to 4.5 percent,” PSA head, Dennis Mapa, said online.
Inflation in Apr last year was registered at 2.2 percent.
Mapa said, annual increases were higher in the commodity groups, such as, housing, water, electricity, gas, and other fuels, at 1.5 percent; furnishing, household equipment and routine maintenance of the house, 2.1 percent; health, 3.1 percent; transport, 17.9 percent; communication, 0.3 percent; and restaurant and miscellaneous goods and services, 3.4 percent.
Meanwhile, inflation slowed down in the indices of food and non-alcoholic beverages, at 4.8 percent; and alcoholic beverages and tobacco at 12.0 percent, he added.
Excluding selected food and energy items, Mapa said, core inflation decelerated to 3.3 percent in Apr, 2021, from 3.5 percent in the previous month.– NNN-PNA
