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Philippines

May inflation rate declined to 2.1% due to low demand

Inflation in May slowed to a six-month low of 2.1 percent from 2.2 percent a month ago, pulled down mainly by the decline in the indices of transport, food and non-alcoholic beverages.

  1. May inflation rate declined to 2.1% due to low demand  manilastandard.net
  2. BSP tells Filipinos to practice ‘cyber hygiene’  INQUIRER.net
  3. Inflation in May dips to 2.1% due to cheaper transport, slower food price rise  CNN Philippines
  4. BSP ‘extreme scenario’ for banking system is 10% rise in provisions  BusinessWorld Online
  5. Pandemic fallout to keep PH inflation in check, BSP says  INQUIRER.net