Event Brief
May 5, 2026 at 2:04 AM ET
Philippine inflation hits 3-year high on fuel surge
By The BriefBrief
Philippine annual inflation rose to a three-year high in April as fuel prices increased amid the Middle East conflict.
WHO: Philippine statistics agency
WHAT: April consumer prices rose 7.2% year-on-year
WHEN: May 5, 2026 at 1:09 AM ET
WHERE: Philippines
WHY: Inflation was driven by a surge in fuel prices linked to the Middle East conflict.
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