A money changer teller counts Philippine Peso in Manila on Monday, August 14, 2017. The Philippine peso has weakened 51-level to a dollar is beecause of the recent recent spats between officials of the US and North Korea. (KJ ROSALES)
The Philippine Statistics Authority (PSA) announced Friday a 5.1 percent inflation rate for December 2018 compared to the 6 percent last November.
The PSA said the December figure was also the lowest since May 2018.
“Month-on-month, prices of all items went down by 0.4 percent in December 2018,” it said.
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