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‘Inflation uptick far from over’

The uptick in inflation is far from over as more expensive commodity prices could last until the second quarter, with the government ramping up efforts to ensure food security amid threats of El Niño......»»

Category: financeSource: philstar philstarMar 5th, 2024

Retail Sales in US Fall Short of Expectations Following Previous Month’s Decline

US retail sales saw a slight increase of 0.6% in February, falling short of predictions and sparking worries about consumer spending strength. This uptick follows.....»»

Category: newsSource:  thedailyguardianRelated NewsMar 15th, 2024

Meralco power rates slightly up anew in March

This would be the electricity concessionaire’s third consecutive power rate uptick this year. .....»»

Category: financeSource:  philstarRelated NewsMar 8th, 2024

Eye on inflation as market returns from long holiday

Investors will keep an eye on the results of the March inflation data this week, as the stock market heads into the second quarter with renewed optimism after managing to close the first quarter on a positive note......»»

Category: financeSource:  philstarRelated NewsApr 1st, 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

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

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

February inflation quickened to 3.4% y/y

The Philippine Statistics Authority said that Philippine inflation for February quickened to 3.4% y/y, up from January’s 2.8% y/y increase......»»

Category: financeSource:  philstarRelated NewsMar 6th, 2024

Inflation quickens to 3.4 percent in February

Inflation quickened to a two-month high of 3.4 percent in February from 2.8 percent in January, snapping four straight months of decline amid faster upticks in food prices such as rice and meat and transport costs......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

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......»»

Category: financeSource:  philstarRelated NewsFeb 6th, 2024

Inflation Rate (IR) in Eastern Visayas drops to 2.4 percent in July 2023

The Inflation Rate (IR) in Eastern Visayas slowed down further to 2.4 percent in July 2023 from 3.3 percent in June 2023......»»

Category: newsSource:  samarnewsRelated NewsJan 26th, 2024

Inflation rate in Cebu Province decelerates in April 2024

CEBU CITY, Philippines — The inflation rate in Cebu Province for April 2024 has decelerated to 0.2 percent from 0.3 percent in March, according to the report of the Philippine Statistics Authority (PSA) Cebu on Thursday, May 16. PSA Cebu’s Chief Statistical Specialist Melchor Bautista said the headline inflation slowed down in April 2024 mainly.....»»

Category: newsSource:  inquirerRelated NewsMay 16th, 2024

Mandaue’s April inflation highest in CV

Mandaue’s April inflation highest in CV.....»»

Category: newsSource:  sunstarRelated NewsMay 16th, 2024

Central Visaya’s inflation remains at 3.2% in April

Central Visaya’s inflation remains at 3.2% in April.....»»

Category: newsSource:  sunstarRelated NewsMay 15th, 2024

Higher April inflation drags market

The stock market returned to its losing ways after the country’s inflation was reported to have quickened in April......»»

Category: financeSource:  philstarRelated NewsMay 8th, 2024

April inflation quickened to 3.8% due to food, transpo costs — PSA

Food and transport prices once again accelerated the country’s inflation rate, rising by 3.8%, according to the Philippine Statistics Authority's report on Tuesday......»»

Category: financeSource:  philstarRelated NewsMay 7th, 2024

PH Inflation Expected to Range Between 3.5% to 4.3% in April: BSP

Bangko Sentral ng Pilipinas (BSP) announced on Tuesday that the inflation rate could be at 3.5% to 4.3%. BSP said in a Facebook post that this upward trend is caused by the increasing prices of essential goods and gasoline prices, as well as the depreciation of the peso. “The BSP projects April 2024 inflation to […].....»»

Category: newsSource:  metrocebuRelated NewsApr 30th, 2024

BSP projects April 2024 inflation between 3.5% to 4.3%

The Bangko Sentral ng Pilipinas expected that the country's inflation rate for April 2024 will fall within the range of 3.5% to 4.3%......»»

Category: financeSource:  philstarRelated NewsApr 30th, 2024

Singapore bank hikes Philippines inflation forecast

DBS Bank Ltd. of Singapore raised its inflation forecast for the Philippines this year to 3.7 percent from 3.3 percent previously, a development which could prompt the Bangko Sentral ng Pilipinas (BSP) to keep rates higher for longer......»»

Category: financeSource:  philstarRelated NewsApr 21st, 2024

Mandaue City logs highest inflation rate

Mandaue City logs highest inflation rate.....»»

Category: newsSource:  sunstarRelated NewsApr 13th, 2024

Mandaue labing taas og inflation rate sa HUCs

Mandaue labing taas og inflation rate sa HUCs.....»»

Category: newsSource:  sunstarRelated NewsApr 13th, 2024