The Philippine Statistics Authority (PSA) has rebased the Consumer Price Index (CPI) for all income households to base year 2018, from base year 2012. The methodology of rebasing the CPI to base year 2018 was approved by the PSA Board through the…
The year 2018 started off with a higher national headline inflation rate of 4.0 percent. Inflation in December 2017 was posted at 3.3 percent and in January 2017, 2.7 percent. The uptrend was primarily due to the higher annual increment in the…