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Inflation eased to 4 1% in June

endIndex: Metro Manila (CNN Philippines, July 6) The prices of basic goods and services rose at a slower pace in June led by lower transport cost, the Philippine Statistics Authority reported Tuesday. The inflation rate was 4.1%, lower than 4.5% in May but quicker than 2.5% in June 2020. The latest figure brought average inflation rate for the first half to 4.4%. National Statistician Dennis Mapa said transport cost was the main driver for lower inflation. Inflation for transport was 9.6%, much lower than 16.5% in May due to high base effect. In particular, tricycle fares posted a huge dip to 17.6% from 38.8% in May, while petroleum and fuels were at 21.5% from 33%.

De Lima bill seeks paid leaves for private sector workers during epidemics

Published July 6, 2021 10:16am Senator Leila de Lima has filed a bill seeking paid leave of absence for workers in the private sector during a state of calamity brought about by infectious disease like COVID-19. Under Senate Bill 2307, De Lima proposed a five-day paid epidemic leave benefit to every private sector employee who will test positive for any emerging infectious disease, regardless of the employment status. The measure also seeks to provide a maximum of 60 days paid leave credits at 80% of the employee’s full pay for those who were placed on “floating status.” SB 2307 states that the grant of paid epidemic leave shall be made available upon the declaration of a State of Calamity by the President or by the Local Sanggunian pursuant to Section 16 of Republic Act No. 10121, otherwise known as the Philippine Disaster Risk Reduction and Management Act of 2010.

Philippines inflation eases to 4 1 pct in June - World News

2021-07-06 04:05:36 GMT2021-07-06 12:05:36(Beijing Time) Xinhua English MANILA, July 6 (Xinhua) The Philippines headline inflation eased to 4.1 percent in June, after hitting 4.5 percent for three consecutive months, the Philippine Statistics Authority (PSA) said on Tuesday. (The June inflation) brings the country s average inflation for the first semester of 2021 at 4.4 percent, PSA head Dennis Mapa said in an online briefing. Mapa said the slower pace in the inflation in June was primarily due to the lower annual rate of increase in the transport index at 9.6 percent, from 16.5 percent in May. The inflation slowed down in the indices of commodity groups such as alcoholic beverages and tobacco, 11.2 percent; clothing and footwear, 1.6 percent; health, 2.9 percent; and communication, 0.2 percent, he added.

June inflation eases to six-month low - BusinessWorld

June inflation eases to six-month low - BusinessWorld
bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.

Suicide rate in Philippines up by 57 3 pct in 2020

Suicide rate in Philippines up by 57 3 pct in 2020
philippinetimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from philippinetimes.com Daily Mail and Mail on Sunday newspapers.

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