Philippine annual inflation at 7.2% in April, highest in three years

MANILA — Philippine annual inflation was 7.2% in April, above the previous month’s 4.1% rate, the statistics agency said on Tuesday. It was the highest inflation rate since March 2023. Economists in a Reuters poll had expected an annual inflation rate of 5.5%. The statistics agency said the pace of increase was due to increases in the prices of […] The post Philippine annual inflation at 7.2% in April, highest in three years appeared first on Interaksyon.