October inflation in Cebu rises to 2.8% as typhoon effects, food costs take their toll

Niña Mae C. Oliverio 11/17/2024

CEBU CITY, Philippines — After observing a significant downtrend in the inflation rate in September 2024, Cebu Province’s inflation rate accelerated to 2.8 percent in October, as reported by the Philippine Statistics Authority Cebu (PSA-Cebu). PSA Cebu…

Inflation rate in C. Visayas for October 2024 rises to 2.9% — PSA

Niña Mae C. Oliverio 11/13/2024

CEBU CITY, Philippines — After observing a drop in the inflation rate last September, Central Visayas saw an increase of up to 0.8 percent in October this year. According to the Philippine Statistics Authority in Central Visayas…

October inflation rises to 2.3% on higher food prices

Mariedel Irish U. Catilogo 11/06/2024

Philippine inflation rose to 2.3 percent in October, driven by higher food and nonalcoholic beverage prices and a slower decrease in rice prices, according to the Philippine Statistics Authority (PSA). Preliminary PSA data showed inflation, measured by…

Central Visayas inflation in August 2024 decelerates to 3.4%

Niña Mae C. Oliverio 09/11/2024

CEBU CITY, Philippines — The inflation rate in Central Visayas for August this year has decelerated to 3.4 percent, which is 1.1 percent lower than last July’s record with 4.5 percent, data from PSA-7 showed. Engineer Felixberto…

Cebu Province inflation rate up in July

Jasmin Meode 08/15/2024

CEBU CITY, Philippines – Inflation rate in Cebu Province soared up to 4.0 percent in July  from 3.5 percent in June 2024, according to the latest report by the Philippine Statistics Authority (PSA) Cebu. On Thursday, August…

BSP: July inflation likely surpasses 4% target

Ian Nicolas P. Cigaral 08/01/2024

Inflation likely exceeded the government’s 2-4 percent target range in July due to higher energy and food prices. However, this increase is not expected to affect the anticipated rate cut in August. On Wednesday, the Bangko Sentral…

Mandaue City’s inflation remains the highest in Cebu at 7.4% in June

Shannah Rose Pardo 07/16/2024

CEBU CITY, Philippines — Mandaue City’s inflation rate further quickened to 7.4 percent in June 2024, still the highest in Cebu, according to the Philippine Statistics Authority in Central Visayas (PSA-7). In an inflation report released on…

Central Visayas inflation rate rises from 3.2 to 4.0% in May 2024

Niña Mae C. Oliverio 06/14/2024

CEBU CITY, Philippines — After experiencing a steady inflation rate in April, Central Visayas observed a movement by up to 0.8 percent for the May 2024 inflation rate. On Thursday, June 13, Engineer Felixberto Sato Jr., supervising…

Inflation rate in Cebu Province decelerates in April 2024

Niña Mae C. Oliverio 05/16/2024

CEBU CITY, Philippines — The inflation rate in Cebu Province for April 2024 has decelerated to 0.2 percent from 0.3 percent in March, according to the report of the Philippine Statistics Authority (PSA) Cebu on Thursday, May…

March inflation hits 3.7% on food price surge

Ian Cigaral 04/05/2024

MANILA, Philippines — Inflation rose to 3.7 percent, up from 3.4 percent in February, mainly driven by increased prices of essential food items such as vegetables, meat, and rice, according to the Philippine Statistics Authority (PSA). Despite…

PH December inflation eases to 3.9%

Ian Nicolas P. Cigaral 01/05/2024

MANILA  — In December, inflation decreased for the third consecutive month, despite the typical increase in demand during the holiday season. This was attributed to slower rises in utility expenses and the prices of certain essential food…

Rama: LCP National Executive Board to tackle inflation concerns

Wenilyn Sabalo 03/25/2023

CEBU CITY, Philippines — Concerns on inflation, that is affecting especially the prices of basic commodities, is among the issues for discussion in the next National Executive Board Meeting (NEBM) of the League of Cities of the…

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