The Philippines' consumer price inflation accelerated further in April to the highest level in just over three years, data from the Philippine Statistical Authority showed on Tuesday.
The consumer price index surged 7.2 percent on a yearly basis in April, faster than March's increase of 4.1 percent. Moreover, this was the highest inflation rate since March 2023, when prices rose 7.6 percent.
For comments and feedback contact: editorial@rttnews.com
Economic News
What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.