Palace: Uplift strategy helps bring down inflation rate

MANILA, Philippines — Malacañang on Friday said the easing of inflation in May proves that the government’s measures under the Unified Package for Livelihoods, Industry, Food, and Transport (Uplift) strategy are gradually producing results.

The country’s inflation eased to 6.8 percent in May from 7.2 percent in April, as transport and food prices softened amid the ...