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PHL growth likely to moderate next year - BusinessWorld Online

PHL growth likely to moderate next year - BusinessWorld Online
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Diokno sees fuel prices stabilizing as OPEC increases production

Diokno sees fuel prices stabilizing as OPEC increases production
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April inflation steadies at 4.5% - BusinessWorld


BusinessWorld
May 6, 2021 | 12:34 am
The consumer price index rose 4.5% year on year in April. PHILIPPINE STAR/ MICHAEL VARCAS
INFLATION remained stable in April, while core inflation eased to a five-month low, leading economists to expect the central bank to keep rates on hold at next week’s policy-setting meeting.
Preliminary data from the Philippine Statistics Authority released on Wednesday showed the consumer price index rose by 4.5% year on year last month, unchanged from March but faster than 2.2% in April 2020. This as price increases for food staples such as rice and vegetables slowed, helping offset a spike in transportation costs caused by higher oil prices. ....

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