
NIR inflation rises to 5.8% in August but remains lowest in Visayas
Inflation in the Negros Island Region edged higher to 5.8 percent in August, moving opposite the slight slowdown recorded nationwide, but remained below the national rate and substantially lower than the other Visayas regions.Data released by the Philippine Statistics Authority on Friday, Sept. 4, showed NIR’s inflation rate increased from 5.6 percent in July to 5.8 percent in August.National headline inflation, meanwhile, eased slightly to 6.1 percent from 6.2 percent in July, bringing the country’s average inflation from January to August to 5.2 percent.This means that while price increases slowed slightly for the country as a whole, prices in Negros continued to increase at a slightly faster annual pace in August than they did in July.Still, NIR’s 5.8 percent inflation w...









