Inflation Rate Rises to 5.3% in August 2023

The Philippine Statistics Authority (PSA) reported that overall inflation increased to 5.3 percent in August 2023. The Philippine Statistics Authority (PSA) reported that overall inflation increased to 5.3 percent in August 2023 from 4.7 percent in July 2023. This results in a national average inflation rate of 6.6 percent from January to August 2023. Compared … Read more