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
May –
Anti-Graft and Corruption Awareness Month
“Corruption drains the nation
and victimizes workers who build the nation.
Accountability now!”
Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the recommendations of the 2021 ILO Commission of Inquiry
against serious violations of protocols of
Forced Labour and Freedom of Association.
Accept the National Unity Government (NUG)
of Myanmar. Reject Military!
#WearMask #WashHands
#Report Corruption #SearchPosts #TakePicturesVideos
May 1 – Labor Day
May 2 – World Freedom Day
May 12 – World Communication Day
May 15 – International Day of Families
May 16 – International Day of Living
Together in Peace
May 21 – World Day for Cultural Diversity
for Dialogue and Development
Monthly Observances:
The Month of the Ocean
Anti-Graft and Corruption Awareness Month
Volunteerism Month
Weekly Observances:
Week 2: Safe Motherhood Week
Daily Observances:
May 1: Labor Day
May 7: Health Worker’s Day
May 31: National Fisherfolks Day
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