(Journal Online) Global inflationary pressures are increasing due to economic conditions that have not fully recovered after the pandemic plus ongoing geopolitical conflicts. Developing countries and developed countries such as the United States also have to face this condition.

If a powerful country like the United States is facing this, how bad does this affect third-world countries like the Philippines?

Utilizing the Consumer Price Index (CPI) data on the website of the Philippines Statistics Authority (PSA), iPrice summarizes the development of the inflation in the Philippines in the last 12 months.