SunStar March inflation eases to 4.5%
SLOWDOWN. Central Visayas is one of the areas outside the National Capital Region that exhibited a slow down in inflation at 1.5 percent in March 2021. / SUNSTAR FILE
+ April 06, 2021 THE country’s inflation rate has 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, the Philippine Statistics Authority on Tuesday, April 6, 2021, said.
The slowdown in inflation at the national level was primarily due to the lower annual increment registered in the heavily-weighted food and non-alcoholic beverages at 5.8 percent in March 2021, from 6.7 percent inflation in February 2021.
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