Defining the News
The inflation rate in Western Visayas surged to 4.3 percent as of May 2024, up from April’s 4.1 percent, driven by higher costs in housing and transportation, according to the Philippine Statistics Authority .
The increase in inflation is largely attributed to a modest uptick in the housing, electricity, gas, and other fuels sector, which saw a shift from a negative 2.2 percent in April to a slight decline of 0.3 percent in May. The clothing and footwear sector also recorded a 3.1 percent inflation rate, while restaurants and accommodation services saw a more pronounced increase of 5.5 percent. The numbers highlight the broader impact of inflation on everyday expenses for residents in the region.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
502 wanted persons fall in Western Visayas in MayILOILO CITY – Police arrested 502 wanted persons in Western Visayas last May.
Read more »
MORE Power maintains lowest rate in Western Visayas for May billingDefining the News
Read more »
ERC gives Western Visayas power consumers relief from increased May billsElectric cooperatives in Negros Occident raise concerns about the ERC move, saying it could hurt their operations
Read more »
300 wanted persons caught in Western VisayasILOILO CITY – Police nabbed 300 wanted persons in Western Visayas from May 1 to 15.
Read more »
Western Visayas police seize P1 million worth of shabu in day-long operationsSunStar Publishing Inc.
Read more »
PRO-Western Visayas nets P8.1 Million worth of shabu in day-long operationsSunStar Publishing Inc.
Read more »