The central bank attributed the possible uptick in inflation to continued increases in electricity rates and vegetable prices, alongside recent peso depreciation.
MANILA, Philippines — The Bangko Sentral ng Pilipinas projects that the country's inflation rate for May 2024 will fall within the range of 3.7% to 4.5%.
On May 14, Meralco announced an increase in power rates in May due to the increase in generation charge brought by higher costs from the Wholesale Electricity Spot Market and Power Supply Agreements. On the other hand, the high-end prediction represents a more significant increase from last month’s inflation numbers.
Annulment should be made free of charge if the absolute divorce bill faces rough sailing at the Senate, Rep. Janette Garin...
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