On declining inflation and the PhilAtom bill

On declining inflation and the PhilAtom bill June 10, 2025 | 12:01 am My Cup Of Liberty By Bienvenido S. Oplas, Jr. https://www.bworldonline.com/opinion/2025/06/10/678022/on-declining-inflation-and-the-philatom-bill/ Last week, the Philippine Statistics Authority (PSA) released the country’s inflation rate for May and it was another piece of good news, it was only 1.3%, from 1.8% in March and 1.4% in April. Average inflation for January-May this year is only 1.9%, while that of Taiwan, South Korea, Vietnam, India, and Japan ranged from 2% to 3.7%. Even the big economies of America and Europe have higher inflation rates this year than the Philippines, except Italy and France (see Table 1). The persistent argument here that “high inflation contributed to the defeat of many administration candidates” in the last election is wrong for three reasons. One, our inflation rate this year was low up to the month of the election itself. Two, assuming that high in...