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‘Inflation yet to peak despite easing in February’

Moody’s Analytics and New York-based GlobalSource Partners believe inflation has not yet peaked in the Philippines despite easing slightly to 8.6 percent in February from a fresh 14-year high of 8.7 percent in January......»»

Category: financeSource: philstar philstarMar 19th, 2023

Smaller rate hike expected as inflation slows

Economists are expecting a smaller rate hike by the Bangko Sentral ng Pilipinas this month as inflation stayed below nine percent after easing to 8.6 percent in February from 8.7 percent in January......»»

Category: financeSource:  philstarRelated NewsMar 8th, 2023

No sign yet of peak inflation as January prices sizzle to new 14-year high

Inflation got hotter in January, dashing hopes that the uptrend would reach its peak soon and would start easing......»»

Category: financeSource:  philstarRelated NewsFeb 7th, 2023

Inflation likely peaked in July — FMIC

Inflation likely has reached its peak in July and will continue easing toward the end of the year, according to First Metro Investment Corp......»»

Category: financeSource:  philstarRelated NewsOct 1st, 2020

BSP delivers small rate hike on peak inflation hopes

The Bangko Sentral ng Pilipinas hiked interest rates on Thursday in a bid to contain brutal inflation that has sapped the public’s purchasing power......»»

Category: newsSource:  philstarRelated News19 hr. 47 min. ago

More economists bet on 25-bps rate hike

More economists are betting the Bangko Sentral ng Pilipinas will dial down on its rate tightening cycle with a smaller 25-basis-point hike amid the slight easing of inflation last month......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 2023

February inflation “down” to 8.6% y/y

I think the key here is for everyone involved to recognize that inflation is not getting better......»»

Category: financeSource:  philstarRelated NewsMar 8th, 2023

Inflation eases to 8.6% in February

Inflation in the Philippines eased slightly in February from the previous month due to the slower increase in transport prices, according to the Philippine Statistics Authority......»»

Category: financeSource:  philstarRelated NewsMar 7th, 2023

Index gains as inflation eases in February

The stock market climbed yesterday, returning to the 6,700 mark as investors welcomed the slight lowering of the February inflation to 8.6 percent from 8.7 percent in January, according to analysts......»»

Category: financeSource:  philstarRelated NewsMar 7th, 2023

Philippines inflation rate slows to 8.6 pct in February

MANILA, March 7 (Xinhua) -- Year-on-year inflation in the Philippines slowed to 8.6 percent in February 2023 from 8.7 percent in January after rising for five months straight as the price increase of certain food commodities and energy eased, the Philippine Statistics Authority (PSA) said on Tuesday. The inflation rate in February 2022 was lower at 3 percent. The average inflation rate for the first two months o.....»»

Category: newsSource:  manilanewsRelated NewsMar 7th, 2023

Philippine inflation unexpectedly slows in February

Inflation unexpectedly eased in February, bringing good news for policymakers that have been struggling to control soaring prices that have forced millions of Filipinos to tighten their belts......»»

Category: financeSource:  philstarRelated NewsMar 7th, 2023

Inflation seen below 9% in February

Most economists believe inflation remained elevated, but stayed below nine percent in February after accelerating to a fresh 14-year high of 8.7 percent in January......»»

Category: financeSource:  philstarRelated NewsMar 6th, 2023

Sustained inflation jump bolsters 50-bp rate hike

Monetary authorities may opt for another aggressive 50-basis-point hike in key policy rates this month if inflation breaks past the nine-percent mark in February, according to Bangko Sentral ng Pilipinas Governor Felipe Medalla......»»

Category: financeSource:  philstarRelated NewsMar 3rd, 2023

Customs beats February revenue goal amid bloated import bill

Revenues from tariffs collected by the Bureau of Customs beat the target haul in February, as food imports meant to tame inflation at home arrive......»»

Category: newsSource:  philstarRelated NewsMar 3rd, 2023

BSP forecasts February inflation range of 8.5% to 9.3%

And when the BSP and the government talks about getting inflation back down into its target range of 2% to 4%, that’s relative to insanely high price levels that we have right now......»»

Category: financeSource:  philstarRelated NewsMar 3rd, 2023

Uptick

The monthly inflation rate for February is expected to go higher. The BSP is estimating a range that could go as high as 9 percent......»»

Category: newsSource:  philstarRelated NewsMar 2nd, 2023

Inflation likely reached 9.1% in February – economist

Inflation is estimated to have edged higher to over nine percent in February and expected to remain elevated this month, according to an economist......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2023

No reprieve as BSP sees February inflation breaching 9%

The Bangko Sentral ng Pilipinas on Tuesday said there are chances that brutally-high inflation sizzled beyond 9% in February, which could give it more reason to tighten monetary policy......»»

Category: financeSource:  philstarRelated NewsFeb 28th, 2023

February inflation likely breached 9%

Inflation likely remained stubbornly high and could have breached nine percent in February from a fresh 14-year high of 8.7 percent in January, according to the Bangko Sentral ng Pilipinas......»»

Category: financeSource:  philstarRelated NewsFeb 28th, 2023

6% GDP growth projected

The country’s gross domestic product may expand by over six percent amid pent-up demand as well as the easing of inflation back to within the two to four percent target range toward the end of the year, according to Bangko Sentral ng Pilipinas Governor Felipe Medalla......»»

Category: financeSource:  philstarRelated NewsFeb 28th, 2023

Smaller rate hike seen

The Bangko Sentral ng Pilipinas sees the possibility of a smaller rate hike next month as inflation likely eased in February from a fresh 14-year high of 8.7 percent in January......»»

Category: financeSource:  philstarRelated NewsFeb 27th, 2023