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    Philippine Inflation Slows: May 2025 Brings Relief

    Inflation Slows in the Philippines: May 2025 Figures Show Decrease The Philippines experienced a slowdown in inflation during May 2025, according to data released by the Philippine Statistics Authority (PSA). The nationwide inflation rate dropped to 1.3%, down from 1.4% in April. This decrease is significant and offers some relief to consumers struggling with rising prices. The PSA also reported a notable drop in inflation within the National Capital Region (NCR). The NCR inflation rate fell to 1.7% in May, compared to 2.4% the previous month. Areas outside of NCR saw a consistent 1.2% inflation rate throughout April and May. A GMA News report highlighted the slower increase in prices for housing, water, electricity, and crude oil as contributing factors to the overall decrease. While specific quotes from individuals impacted by inflation are not available in the video, the data itself speaks to the positive economic shift. The consistent inflation rate outside of NCR and the significant drops in the national and NCR rates show a positive trend, suggesting potential easing of the financial burden on many Filipinos.

    2 months ago
    PH
    Philippines
    news summary
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