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Slower US Inflation Spurs Fed Rate-Cut Optimism
Title: Inflation Slows in the US, Raising Expectations of Interest Rate Cut Subtitle: International Economic Developments to Impact Global Markets Date: [Current Date] Byline: [Your.....»»
Cebu Province inflation rate soared in March 2024
CEBU CITY, Philippines — Cebu Province inflation rate rose in March as Cebuanos continue to grapple with rising prices of goods and commodities, the latest inflation report by the Philippine Statistics Authority (PSA) Cebu showed. On Wednesday, April 17, PSA Cebu Chief Statistical Specialist Melchor Bautista presented the inflation report in Cebu Province for March.....»»
Philippines jobless rate drops to decades-low in December 2023
MANILA, Feb. 7 (Xinhua) -- The unemployment rate in the Philippines decreased to 3.1 percent in December 2023, the lowest since 2005, the Philippine Statistics Authority (PSA) said on Wednesday. "The full-year unemployment rate for 2023 was 4.3 percent compared to 5.4 percent in 2022," PSA head Dennis Mapa said at a press conference. Mapa said about 1.60 million were jobless in December last year. "This w.....»»
Philippines manufacturing output sustains growth in December 2023
MANILA, Feb. 7 (Xinhua) -- The performance of manufacturing production in the Philippines sustained its growth in December 2023, the Philippine Statistics Authority (PSA) said Wednesday. Based on the preliminary results of a monthly survey, the PSA said the year-on-year value of production index (VaPI) and the volume of production index (VoPI) increased by 2.6 percent and 2 percent in December, respectively......»»
Philippines Job Market Records a 10% Surge in Annual Hiring: foundit Insights Tracker
foundit (formerly Monster APAC & ME), one of the leading talent platforms, today published the foundit Insights Tracker (fit) for December 2023, formerly published as Monster Employment Index (MEI). According to the Philippines Fit report, there was a (10%) increase in the annual hiring activity from December 2022 to December 2023. The index reached 128 […].....»»
Philippines foreign investments yield net outflows in December
MANILA, Jan. 25 (Xinhua) -- The Philippines' foreign investments yielded net outflows of 205 million U.S. dollars in December 2023, the Philippine central bank said Thursday. The Bangko Sentral ng Pilipinas (BSP) said the December net outflow resulted from the 1.3 billion dollars in gross outflows and the 1.1 billion dollars gross inflows for the month. "The recorded net outflows are a reversal of the 673.....»»
Philippines foreign investments yield net outflows in December
MANILA, Jan. 25 (Xinhua) -- The Philippines' foreign investments yielded net outflows of 205 million U.S. dollars in December 2023, the Philippine central bank said Thursday. The Bangko Sentral ng Pilipinas (BSP) said the December net outflow resulted from the 1.3 billion dollars in gross outflows and the 1.1 billion dollars gross inflows for the month. "The recorded net outflows are a reversal of the 673.....»»
Philippines posts 642 mln USD surplus in December
MANILA, Jan. 19 (Xinhua) -- The Philippines' overall balance of payments (BOP) posted a surplus of 642 million U.S. dollars in December 2023, higher than the 612 million dollars recorded in the same month 2022, the country's central bank said Friday. The Bangko Sentral ng Pilipinas (BSP) said the BOP surplus in December 2023 reflected inflows arising mainly from the national government's net foreign currency dep.....»»
Philippines posts 642 mln USD surplus in December
MANILA, Jan. 19 (Xinhua) -- The Philippines' overall balance of payments (BOP) posted a surplus of 642 million U.S. dollars in December 2023, higher than the 612 million dollars recorded in the same month 2022, the country's central bank said Friday. The Bangko Sentral ng Pilipinas (BSP) said the BOP surplus in December 2023 reflected inflows arising mainly from the national government's net foreign currency dep.....»»
PH Inflation Sees Huge Dip in January 2024 Now at 2.8%
The country’s headline inflation has taken a significant dip, currently standing at 2.8%, according to the latest report from the Philippines Statistics Authority (PSA) released on February 6, 2024. According to PSA, this marks the lowest rate recorded since October 2020, showing a considerable drop from December 2023’s 3.9 percent and a noteworthy decrease from […].....»»
Food prices pull down January 2024 inflation to 2.8%
During a press briefing on Tuesday, National Statistician and Philippine Statistics Authority chief Claire Dennis Mapa said that inflation dropped to 2.8% in January 2024, down from 3.9% in December of last year......»»
BSP: Inflation likely eased further in January
Headline inflation likely slowed further for the fourth straight month in January, ranging between 2.8 and 3.6 percent, after easing to a 22-month low of 3.9 percent in December, according to the Bangko Sentral ng Pilipinas......»»
Inflation still top concern for Pinoys
Despite inflation easing in December, it remains the top concern for many Filipinos as prices of rice, the country’s staple food, continued to pick up, think tank GlobalSource Partners said......»»
BSP keeps rates unchanged; inflation still global problem
The Bangko Sentral ng Pilipinas elected to keep interest rates steady after the PSA inflation data for March showed that inflation quickened here to 3.7% (increased for the third straight month)......»»
Food inflation pumalo sa 5.6%, bigas pinakamataas sipa ng presyo
Ayon kay Philippine Statistics Authority (PSA) Undersecretary Dennis Mapa, nasa 24.4% ang inflation ng bigas nitong Marso at malapit na ito sa all time high na 24.6% na naitala noon pang Pebrero 2009 na 24.6%. The post Food inflation pumalo sa 5.6%, bigas pinakamataas sipa ng presyo first appeared on Abante......»»
BSP sinisipat 4.2% inflation noong Marso
Sa pagtaya ng Bangko Sentral ng Pilipinas, maaaring umabot sa 4.2% ang inflation nitong Marso. The post BSP sinisipat 4.2% inflation noong Marso first appeared on Abante......»»
ANZ raises Philippine inflation forecast to 3.8% this year
ANZ Research hiked its inflation forecast for the Philippines to 3.8 percent this year, from 3.5 percent previously, as risks may drive inflation up to above the central bank’s two to four percent target in the coming months......»»
The Mystery of Post-Inflation Stability: Exploring Economic Uncertainty
Inflation, a sneaky force eating away at our financial stability, makes us wonder: what happens after its rampage? Do things settle back to normal, or are we stuck dealing with the aftermath? Inflation is simply prices creeping up over time, quietly changing our financial landscape. Think of your favorite café inching up its prices or […].....»»
Cebu’s inflation rate rose in Feb compared to January
CEBU CITY, PHILIPPINES – Cebu’s inflation rate rose slightly in February compared to lJanuary as prices have gone up in most parts of the province including the tri-cities of Cebu, Lapu-Lapu, and Mandaue. This was after the Philippine Statistics Authority (PSA) Cebu Province announced the current inflation rate of Cebu including the Highly Urbanized Cities.....»»
Climate shocks on inflation can last up to 4 years – BSP
Climate-related inflation shocks may be felt for up to four years, causing a pronounced hike in headline inflation, a study by the Bangko Sentral ng Pilipinas Research Academy showed......»»