INFLATION rose to 3.1 percent in August, from 2.8 percent in July, and from the 1.8 percent rate recorded in the same period in 2016, data released by the Philippine Statistics Authority on Tuesday showed.

"This was mainly due to the 3.5 percent growth of the heavily-weighted food and non-alcoholic beverages index," the statistical agency said in an accompanying statement.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details