November inflation falls to six percent from 6.7% in October

December 5, 2018

Inflation in November fell to six percent from 6.7 percent in the previous month, the Philippine Statistics Agency (PSA) said Wednesday.

Food and non-alcoholic beverages decelerated to eight percent from 9.4 percent in October. This was, however, significantly higher than the three percent in November 2017.

Food inflation slowed to 7.7 percent in November from the previous month’s 9.2 percent. DMS