Cebu City Mayor Michael Rama| Photo by Wenilyn Sabalo
It is important to know how inflation has affected the different localities as well as the measures undertaken by the Local Government Units to caution its impact on their constituents, Cebu City Mayor Michael Rama, who is also the LCP national president, said. Rama said in a press conference on Friday, March 24, that is set to travel to Manila to attend LCP’s NEBM that is scheduled from March 27 to 28.
PSA said that Cebu City’s inflation rate has accelerated to 5.7 percent in February from 4.5 percent in January 2023. The city’s inflation rate was only at 1.7 percent in February 2022.
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