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PH headline inflation slightly up to 3.4% in February 2024

PH headline inflation slightly up to 3.4% in February 2024.....»»

Category: sportsSource: abscbn abscbnMar 5th, 2024

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.....»»

Category: newsSource:  inquirerRelated NewsMar 15th, 2024

Philippines inflation rate slows to 2.8 pct in January

MANILA, Feb. 6 (Xinhua) -- Year-on-year inflation in the Philippines further eased to 2.8 percent in January from 3.9 percent in December 2023, the Philippine Statistics Authority (PSA) said on Tuesday. PSA head Dennis Mapa told a press conference that the January inflation rate is the lowest since the 2.3 percent inflation rate was recorded in October 2020. In January 2023, inflation rate was 8.7 percent.....»»

Category: newsSource:  manilanewsRelated NewsFeb 6th, 2024

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......»»

Category: financeSource:  philstarRelated NewsMar 12th, 2024

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 […].....»»

Category: newsSource:  metrocebuRelated NewsFeb 7th, 2024

Citi hikes Philippines inflation forecast

Global banking giant Citi raised its 2024 inflation forecast for the Philippines to 3.6 percent from 3.4 percent previously, following the faster-than-expected headline print in February......»»

Category: financeSource:  philstarRelated NewsMar 10th, 2024

Philippine inflation rises to 3.4 pct in February

MANILA, March 5 (Xinhua) -- Year-on-year inflation in the Philippines rose to 3.4 percent in February from 2.8 percent in January, the first uptrend after a downtrend for four straight months, the Philippine Statistics Authority (PSA) said on Tuesday. The uptrend in the overall inflation in February was primarily influenced by the higher year-on-year increase in the heavily-weighted food and non-alcoholic bevera.....»»

Category: sportsSource:  abscbnRelated NewsMar 5th, 2024

BSP on guard vs inflation risks amid El Niño

The BSP chief said headline inflation likely further accelerated to 3.9 percent in March from 3.4 percent in February due to base effects, but lower than the 7.6 percent in March 2023......»»

Category: financeSource:  philstarRelated NewsMar 20th, 2024

Inflation halts 4-month decline

Headline inflation may have picked up for the first time in four months in February, mainly driven by higher rice prices and electricity rates, according to a poll of top economists......»»

Category: financeSource:  philstarRelated NewsMar 4th, 2024

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.....»»

Category: newsSource:  inquirerRelated NewsApr 17th, 2024

Inflation up to 3.4% in February 2024

The overall inflation in the country rose to 3.4% in February according to the recent report of the Philippine Statistics Authority (PSA) on March 5, 2024. Main Driving Factors for the Rise: Food and Non-Alcoholic Beverages: Went up from 3.5% in January to 4.6% in February 2024. Transport: Saw a yearly increase of 1.2% in […].....»»

Category: newsSource:  metrocebuRelated NewsMar 6th, 2024

OPM heavyweights to headline Aurora Music Fest

On top of the finest Original Pilipino Music acts that will headline the Aurora Music Festival 2024 on April 6 and 7 in Clark Global City, Pampanga, the event-goers can also marvel at the hot air balloons that will light up Clark’s skyline and savor Kapampangan food that will be available at the venue......»»

Category: newsSource:  inquirerRelated NewsMar 19th, 2024

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......»»

Category: financeSource:  philstarRelated NewsJan 31st, 2024

Consumer sentiment in PH improves slightly in Q1 2024

Consumer sentiment in PH improves slightly in Q1 2024.....»»

Category: newsSource:  sunstarRelated NewsApr 13th, 2024

Consumer sentiment in Philippines improves slightly in Q1 2024

Consumer sentiment in Philippines improves slightly in Q1 2024.....»»

Category: newsSource:  sunstarRelated NewsApr 12th, 2024

Online booking fare slightly higher: Dcott

DURING the AFP-PNP-ISpeak press conference on Wednesday morning, March 20, 2024, at the Royal Mandaya Hotel, Aisa Usop, the manager of Davao City Overland Transport Terminal (Dcott), said that the fare for online booking is slightly higher than traditional fares, prompting inquiries from passengers......»»

Category: newsSource:  sunstarRelated NewsMar 21st, 2024

Meralco power rates slightly up this month

Rates of Manila Electric Co. are up slightly at the start of 2024......»»

Category: newsSource:  philstarRelated NewsJan 11th, 2024

Cebu City inflation rate stays 4.5 percent in February 2024

Cebu City inflation rate stays 4.5 percent in February 2024.....»»

Category: newsSource:  sunstarRelated NewsMar 19th, 2024

Philippines slightly upgrades GDP growth to 6 pct in Q3

MANILA, Jan. 30 (Xinhua) -- The Philippine Statistics Authority (PSA) on Tuesday slightly upgraded year-on-year growth of gross domestic product (GDP) for the third quarter of 2023 to 6 percent from preliminary estimate of 5.9 percent. "The major contributors to the upward revision were manufacturing, from 1.7 percent to 1.8 percent; financial and insurance activities, from 9.5 percent to 9.6 percent; and accomm.....»»

Category: sportsSource:  abscbnRelated NewsFeb 1st, 2024

T-bond rates up slightly

The government borrowed P30 billion from the domestic debt market at a slightly higher rates ahead of the policy decision of the US Federal Reserve......»»

Category: financeSource:  philstarRelated NewsJan 30th, 2024

Inflation rises 3.4% in February, ending 4-month decline

The country's inflation rate gained momentum in February 2024 as the costs of food and non-alcoholic beverages surged, ending a four-month decline......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024