Friday 17 January 2020
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eaglenews - 1 month ago

Palace gives assurance rise in inflation rate in November “not a cause for alarm”

(Eagle News) The Palace on Friday, Dec. 6, gave the assurance the higher inflation rate in November was not a cause for alarm. Presidential Spokesperson Salvador Panelo said that although the country registered a 1.3 percent rate, higher than the 0.8 percent in October this year, for the first 11 months of this year, inflation rate averaged at 2.5%, which the Department of Trade and Industry says is ‘still a very tamed inflation rate.. [ ]


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