In Graphic Detail: Inflation Rate ❗

The Philippine's annual headline inflation continued its uptrend ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

No images? Click here IN GRAPHIC DETAIL Inflation on the rise   There's nothing more pleasing than a well-made graph. Each week, we look into the details of a graph that has caught our attention. Get it in your inbox every Monday.   SUBSCRIBE     Source: Retail Price Survey of Commodities for the Generation of Consumer Price Index, Philippine Statistics Authority 📈 The Philippine’s annual headline inflation continued its uptrend as it moved up further to 6.4 percent in July 2022, from 6.1 percent in June 2022. This is the highest recorded inflation since October 2018. 📈 The main source of the upward trend was the higher annual growth rate in the index for food and non-alcoholic beverages at 6.9 percent. Transport index followed with 18.1 percent annual growth. 📈 On the other hand, the annual mark-up in the indices of housing, water, electricity, gas and other fuels; and health decreased to 5.7 percent and 2.4 percent, respectively.   Related stories: Does real estate investing offer protection from inflation? Real estate has been traditionally known as a strong inflation hedge because it protects an investment from losing its value due to decline in purchasing power. Inflation seen staying at 6% in Q3 before easing The United States will likely fall into shallow recession while China eked out a slim 0.4-percent gross domestic product growth in the second quarter of 2022, bolstering this view on crude oil prices. Meeting inflation head-on How bad could the price hikes get? What can we do to cope with heightened inflation still to come?   Hi Edward. Has this newsletter helped you in any way? We welcome your feedback. Feel free to leave us a note in our suggestion box.     LEARN MORE       Share    Tweet    Forward  Copyright © 2022 PHILIPPINE DAILY INQUIRER, All rights reserved. You are receiving this because you are subscribed to Inquirer Newsletters. Unsubscribe