weak production sectors

PH inflation highest in Southeast Asia

May 7, 2023

Philippine inflation is still among the worst in Southeast Asia despite easing in April. Inflation in the country will remain high unless the Marcos administration takes decisive steps to temper it.

PH inflation among the highest in Southeast Asia—IBON

May 7, 2023

The Philippine inflation rate has further eased in April after the 14-year high of 8.7% in January, but it will likely remain high and volatile because the government has not taken decisive steps to lower prices.