
NegOr inflation in 2024 ‘good’ amid Kanlaon unrest – PSA
Negros Oriental's inflation rate in 2024 slowed down despite the looming threat of a major eruption of Mt. Kanlaon, an official from the Philippine Statistics Authority (PSA) said Friday, Jan. 17.Engr. Ariel Fortuito, PSA-Negros Oriental chief statistical specialist, highlighted that the slowdown in inflation last year reflects the effectiveness of government efforts to manage price stability.“Last year was a better year compared to 2023,” Fortuito said during a press conference, noting the significant improvement in inflation trends.PSA data showed December 2024’s headline inflation slightly rose to 1.0 percent from 0.9 percent in November. He, however, noted a dramatic drop from December 2023's 5.6 percent.The average inflation rate for 2024 settled at 3.2 percent, with M...