The country’s annual headline inflation rate climbed to 4.1 percent in April from 3.9 percent in March due to the faster pace of price increases in food, non-alcoholic beverages, housing, water, electricity, and fuel, prompting the central bank to hint of “preemptive adjustments” in its policy levers.

In April last year inflation was recorded at 2.6 percent, according to the Philippine Statistics Authority (PSA).

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