PSA Releases Info Over Inflation Rate November 2018
INFLATION RATE NOVEMBER 2018 – The Philippine Statistics Authority (PSA) released the inflation rate in the Philippines for November 2018.
Undeniably, lots of people were alarmed by the increasing inflation rate in the Philippines in the previous months. It depicts the increase in the prices of the basic goods and commodities. From 4.5 in April, it continued to soar until 6.7 in October.
Sadly, lots of Filipinos admitted that their monthly budget no longer fit their expenses due to the increase in the prices of goods. Many called for the government to address the problem.
On the part of the government, a set of people were assigned to meet on how to combat the increasing inflation rate in the country. Many Filipinos hoped that the inflation rate November would not be another addition to the increasing line.
Recently, the Philippine Statistics Authority or PSA released an information regarding the inflation rate in the Philippines for the previous month.
Based on a recent social media post of GMA News, the PSA revealed that the inflation rate in the Philippines for November 2018 fell from 6.7 high to 6.0.
Undeniably, this is a good news to the Filipino people and many are hoping that it would continue to go down in the next months.
What can you say about it? Feel free to express your reactions or thoughts through comments below.
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