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‘Volatile inflation to keep rates steady’

Commodity prices in the country will remain volatile for the first semester, prompting the Bangko Sentral ng Pilipinas to keep rates steady and start easing only by June, according to Moody’s Analytics......»»

Category: financeSource: philstar philstarFeb 5th, 2024

T-bills, T-bonds rates up after inflation uptick

Yields for the government’s short and long-term securities picked up across the board after inflation accelerated for the second straight month......»»

Category: financeSource:  philstarRelated NewsApr 8th, 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

Larry Summers warns that the war vs inflation might not be over

Larry Summers, the former US Treasury Secretary (under President Bill Clinton) and former Chief Economist of the World Bank, said that the US Federal Reserve may still need to raise rates before it can declare victory in the war against inflation......»»

Category: financeSource:  philstarRelated NewsFeb 20th, 2024

Banks’ bad loans rise in February

The soured loans of Philippine banks picked up for the 14th straight month in February, bringing the gross non-performing loan ratio to a steady 3.44 percent, amid high interest rates......»»

Category: financeSource:  philstarRelated NewsApr 5th, 2024

April inflation comes in at 3.8%

The Philippine Statistics Authority revealed that inflation quickened slightly in April to 3.8% y/y, up from the 3.7% reading in March, but below estimates from economists who (on average) were expecting to see inflation come in at around 4.1% for the month......»»

Category: financeSource:  philstarRelated NewsMay 8th, 2024

Philippine inflation rate slightly quickens to 3.8 pct in April

MANILA, May 7 (Xinhua) -- Year-on-year inflation in the Philippines rose to 3.8 percent in April from 3.7 percent in March due to the continued increases in food and transport prices, the Philippine Statistics Authority (PSA) said on Tuesday. In a news conference, PSA head Dennis Mapa said the uptrend in overall inflation in April was primarily driven by the higher year-on-year increase in food and non-alcoholic.....»»

Category: newsSource:  manilanewsRelated NewsMay 7th, 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

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

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......»»

Category: financeSource:  philstarRelated NewsMar 28th, 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

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

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

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

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

REIN in inflation!

It didn’t take long for Finance Secretary Ralph Recto to take full command of the economic cluster as he assumed responsibility for keeping inflation numbers low. And Ralph even coined an acronym: REIN or Reduce Emerging Inflation Now......»»

Category: financeSource:  philstarRelated NewsFeb 12th, 2024

Is an Inflation Shock Imminent? The Daily Guardian Explores Wall Streets Concerns

Inflation Concerns Rise as Consumer-Price Index Falls Short of Expectations Inflation has been a hot topic of discussion recently, with hopes that the Federal Reserve.....»»

Category: newsSource:  thedailyguardianRelated NewsJan 27th, 2024

BSP keeps policy rate at 6.5%

In the MB’s first policy rate meeting in 2024, the MB held steady at a 6.5% benchmark interest rate as the country’s inflation risks continued to lean on the upside. .....»»

Category: financeSource:  philstarRelated NewsFeb 15th, 2024

Curve balls keep coming

Geopolitical curve balls keep on coming, making it harder to project how the global and our local economy will perform in the months to come......»»

Category: financeSource:  philstarRelated NewsApr 21st, 2024

Roque: Xi, Duterte agreed to keep West Philippines Sea status quo

The Philippines under former president Rodrigo Duterte had a “gentleman’s agreement” with China to keep the status quo in the West Philippine Sea, a former Cabinet official said yesterday, as fresh tensions surround the WPS due to recent incursions by Beijing that targeted a Filipino resupply mission and a research team......»»

Category: newsSource:  philstarRelated NewsMar 27th, 2024

Government urged to keep spending, avoid high surplus

The government should not keep a high surplus and instead continue to ramp up spending in order to meet the growing needs of the economy, an economist said......»»

Category: financeSource:  philstarRelated NewsMar 18th, 2024