![Philippines: Inflation flat at 4.5% in May, downtrend expected in second half of 2021 | Snap | ING Think Philippines: Inflation flat at 4.5% in May, downtrend expected in second half of 2021 | Snap | ING Think](https://think.ing.com/uploads/charts/_w1200/PHL_May_inflation_2021.png)
Philippines: Inflation flat at 4.5% in May, downtrend expected in second half of 2021 | Snap | ING Think
![NEDA Philippines on Twitter: "This brings the country's 2020 full-year average inflation rate to 2.6%, well within the 2 to 4 percent inflation target range of the government for the year. #PHInflation NEDA Philippines on Twitter: "This brings the country's 2020 full-year average inflation rate to 2.6%, well within the 2 to 4 percent inflation target range of the government for the year. #PHInflation](https://pbs.twimg.com/media/Eq8vEWnWMAIy--g.jpg)
NEDA Philippines on Twitter: "This brings the country's 2020 full-year average inflation rate to 2.6%, well within the 2 to 4 percent inflation target range of the government for the year. #PHInflation
![Rappler on Twitter: "BREAKING: The Philippines' inflation rate surges to 4.2% in January 2021, from 3.5% in December 2020. Story soon on https://t.co/6GZDQUa1Og. https://t.co/ocqyBZomIV" / Twitter Rappler on Twitter: "BREAKING: The Philippines' inflation rate surges to 4.2% in January 2021, from 3.5% in December 2020. Story soon on https://t.co/6GZDQUa1Og. https://t.co/ocqyBZomIV" / Twitter](https://pbs.twimg.com/media/EtbKVFzXEAADogg.jpg)