Major Sources of Inflation in the Philippines
The following are the major sources of inflation in the Philippines: Food – 6.8% Non-Alcoholic Beverage – 11.1% Alcoholic Beverage and Tobacco – 21.5% Clothing and Footwear – 2.4% Housing, Water, Electricity, Gas and Other Fuels – 5.6% Furnishings, Household Equipment, and Maintenance – 3.3% Health – 3.7% Transport – 7.9% Communication – 0.5% Recreation … Read more