BARMM inflation rate eases to 5.1% in July, signifying strong Peso purchasing power—PSA
Photo by Marhom Ibrahim COTABATO CITY—Philippine Statistics Authority (PSA-BARMM) released data on August 9, indicating a decline in BARMM’s inflation rate to 5.1 percent in July 2023, compared to the 6 percent rate observed in June. OIC Regional Director of PSA-BARMM, Engr. Akan Tula, attributed the drop in inflation to multiple factors, including reduced…