Headline inflation at the country level was posted at 4.5 percent in April 2021, the same annual growth rate recorded in March 2021. This brings the average inflation at the national level from January to April 2021 to 4.5 percent. Meanwhile, inflation in April 2020 was registered at 2.2 percent. (Table A and Figure 1)

Headline inflation in the Philippines eased to 4.5 percent in March 2021, after five consecutive months of acceleration. This brings the average inflation of the country for the first quarter of 2021 at 4.5 percent. In February 2021, inflation was recorded at 4.7 percent and in March 2020, 2.5 percent. (Table A and Figure 1)