March inflation slows down 6.4% on year

Published by rudy Date posted on April 7, 2009

MANILA, Philippines—(UPDATE) The growth rate of consumer prices eased in March, settling at 6.4 percent year-on-year from 7.3 percent in January, according to the National Statistics Office’s (NSO) latest report on inflation.

Prices last month were also increasing at the same pace as they were in March 2008.

Based on NSO data, last month’s was the lowest in eight months from a high of 12.4 percent in August 2008.

In terms of commodity groups, the group of fuel, light and water (FLW) exerted downward pressure on the overall consumer price index as rates went down by 2.8 percent.

All the other commodity groups showed slower increases in prices, including those of food, beverages and tobacco (FBT); clothing, housing and repairs; services and miscellaneous items.

Still, the rise in prices of food, beverages and tobacco remained in double-digits at 11.4 percent although this was a nine-month low from the 17.8 percent observed in July 2008.–Ronnel Domingo, Philippine Daily Inquirer

January – ZERO WASTE MONTH

“Stop wasting our money.
Stop corruption!”

Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the 2021 ILO Commission of Inquiry recommendations
against serious violations of
Forced Labour and Freedom of Association protocols.

Accept National Unity Government (NUG)
of Myanmar.  Reject Military!

#WearMask #WashHands
#Report Corruption #SearchPosts #TakePicturesVideos

Time to support & empower survivors. Time to spark a global conversation. Time for #GenerationEquality to #orangetheworld!

January

 

24 Jan – International Day of Education

26 Jan – International Day of Clean Energy

 

Monthly Observances:

 

National Microinsurance Month 

Zero Waste Month

 

Weekly Observances:

Week 1: National Time Consciousness Week

Week 3: National Mental Health Week 

Last Week: Children’s Week


Daily Observances:

January 6: Community Development Day 

Third Sunday: Children’s Day 
Day of Sanctity and Protection of Human Life

 

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