After data from the Philippine Statistics Authority (PSA) earlier showed general inflation slowed to 2.7 percent last June, which the agency noted was the lowest recorded rate since September 2017, the Aklan PSA recently reported inflation in the province dropped accordingly last month, falling to 2.8 percent from 5.5 percent a year ago.
Despite higher rates recorded in sectors such as furnishing, household equipment, and home maintenance, which registered around 10.1 percent, those figures were offset by low rates in transport, which came in at one percent, along with food and non-alcoholic beverages at 1.6 percent.
In terms of consumer price index, which details the average price of basic goods over a certain period of time, local figures saw a one percent rise, primarily fueled by a 5.1 percent increase in furnishing, household equipment, and home maintenance.
In addition, the housing, water, electricity, gas sector also posted a three percent spike./WDJ