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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

PH media organizations slam Chinese Foreign Ministry

PH media organizations slam Chinese Foreign Ministry.....»»

Category: newsSource:  sunstarRelated NewsMar 28th, 2024

Groups slam media security chief for red-tagging ahead of UN expert’s visit

Altermidya and the NUJP said Presidential Task Force on Media Security executive director Paulino Gutierrez’s attack against journalist Frenchie Mae Cumpio also proves the absurdity of his agency’s continued existence. The post Groups slam media security chief for red-tagging ahead of UN expert’s visit appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsJan 18th, 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

Prices

To most Filipinos, their No. 1 problem is prices – high prices. Of nearly everything. The rate of increase in prices is inflation. Most people don’t understand what inflation means. But they know when prices are high, or are exceedingly high......»»

Category: newsSource:  philstarRelated NewsJan 11th, 2024

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......»»

Category: newsSource:  abanteRelated NewsApr 6th, 2024

US senators seek $500 million aid for AFP

Two American senators have filed a measure seeking to boost the alliance of the Philippines and the US through a significant increase in military financing as concerns grow over China’s aggressive acts in the South China Sea......»»

Category: newsSource:  philstarRelated NewsApr 16th, 2024

No LEDAC; Marcos Jr. meets separately with senators, congressmen

Amid feuding over the people’s initiative to amend the Constitution, President Marcos met separately yesterday with congressmen and senators instead of convening the Legislative-Executive Development Advisory Council......»»

Category: newsSource:  philstarRelated NewsJan 25th, 2024

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 […].....»»

Category: newsSource:  metrocebuRelated NewsMar 26th, 2024

Inflation: A Beginner’s Guide

Inflation is a concept that greatly affects everyone’s daily lives, yet many still find it somewhat confusing to understand. Simply put, you can think of inflation as this: As prices rise over time, the purchasing power of money decreases. This will greatly impact your savings plans, investments, and your overall financial stability. However, there is […].....»»

Category: newsSource:  metrocebuRelated NewsFeb 21st, 2024

Duterte, PDP-Laban senators to visit Cebu City on April 19

CEBU CITY, Philippines — As the 2025 midterm elections draw near, candidates are now gearing up for strategic moves, especially considering that the filing of Certificates of Candidacy is in October this year. Former President Rodrigo Roa Duterte, alongside senators from Partido Demokratiko Pilipino–Lakas ng Bayan (PDP Laban), is set to visit Cebu City this.....»»

Category: newsSource:  inquirerRelated NewsApr 18th, 2024

PNP, senators clash on rifle ownership

The Philippine National Police and some senators yesterday aired opposing views on civilians owning semi-automatic rifles......»»

Category: newsSource:  philstarRelated NewsMar 6th, 2024

Senators defend P100 wage hike

Senators yesterday defended their legislated salary increase recently passed on second reading, following a comment from an Employers Confederation of the Philippines (ECOP) official who called the P100 wage hike a “catastrophe.”.....»»

Category: newsSource:  philstarRelated NewsFeb 18th, 2024

Senators question P26.7 billion ‘ayuda’ fund

About P26.7 billion worth of financial assistance under the Department of Social Welfare and Development was questioned by senators yesterday during the continuation of a public hearing on the people’s initiative or PI......»»

Category: newsSource:  philstarRelated NewsFeb 13th, 2024

Senators praise Comelec for suspending people’s initiative proceedings

MANILA, Philippines —  Senators rejoiced at the decision of the Commission on Elections (Comelec) to suspend all proceedings related to a people’s initiative aimed at amending the 1987 Constitution, saying that it is nothing but a victory for the Filipino people. Senate Majority Leader Joel Villanueva, in a statement, said the Philippine government has finally.....»»

Category: newsSource:  inquirerRelated NewsJan 29th, 2024

Speaker hits senators’ ‘very toxic rhetoric’ vs House

Speaker Martin Romualdez yesterday hit back at senators, asking them to “just focus on their jobs instead of attacking the lower chamber.”.....»»

Category: newsSource:  philstarRelated NewsJan 26th, 2024

Repeal of liberalization law urged to combat high rice inflation

A farmer group on Wednesday said that reversing the rice liberalization law would help address the low procurement of rice grains and high rice inflation......»»

Category: financeSource:  philstarRelated NewsApr 10th, 2024

March inflation may pick up amid high food prices

Inflation likely accelerated for the second straight month in March, mainly driven by high rice prices, prompting the Bangko Sentral ng Pilipinas (BSP) to keep borrowing costs unchanged at its next policy review in April, analysts said......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 2024

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)......»»

Category: financeSource:  philstarRelated NewsApr 12th, 2024

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......»»

Category: newsSource:  abanteRelated NewsApr 1st, 2024