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Philippine inflation hit 2.4% in February 2026, highest in over a year, mainly due to rising food prices.
Philippine inflation rose to 2.4% in February 2026, the highest in over a year, driven by faster increases in food prices, particularly rice, corn, and other essentials, according to the Philippine Statistics Authority.
Core inflation edged up to 2.9% from 2.8% in January.
The rise was attributed to global factors, including Middle East tensions affecting oil and commodity markets, with officials monitoring supply risks and potential impacts on living costs, especially for low-income households.
Inflation remained within the government’s 2% to 4% target range.
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La inflación filipina alcanzó el 2.4% en febrero de 2026, su nivel más alto en más de un año, principalmente debido al aumento de los precios de los alimentos.