Monthly
inflation rate in most of this year remained within the government's 2 to 4-percent target band, although an uptick was registered last May to 3.2 percent from month-ago's 3 percent.
Of the five provinces in the region, only Davao del Norte exhibited an increase in
inflation rate to 2.4% in June this year, from 2.1% during the previous month.
Higher
inflation rates were reported by Romania (4.1 percent) and Hungary (3.3 percent).
The Philippine Statistics Authority (PSA) announced Friday that last month's headline
inflation rate was the lowest since the 2.6 percent posted in August 2017.
Panelo said the government has "decisively" addressed the country's
inflation rate, which eased in June due to lower food and fuel prices.
'The general point to point
inflation rate reached 5.55 percentage point in March which was 5.47percentage point in February," said Planning Minister MA Mannan while releasing the monthly consumer price index after an ECNEC meeting at the NEC Conference Room in the city's Sher-e-Bangla Nagar area.
'FSDH Research notes that one of the ways to reduce Nigeria's
inflation rate in a sustainable manner is to improve the infrastructure in the country.
The stability of the manat rate was one of the factors that have played the main role in reducing
inflation rate.
I believe that such government measures, coupled with the strengthening peso and softening petroleum prices in the world market, would further tame the
inflation rate in December and the first quarter of 2019.
The Acting Government Statistician said the year-on-year non-food
inflation rate for October 2018 was 9.8 per cent compared with the rate of 10.3 per cent recorded in September 2018.
According to the report, Pakistan's annual
inflation rate jumped to 7 per cent in October from 5.12 per cent a month earlier.