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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.....»»
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.....»»
President Marcos vows to continue mitigating inflation impact
President Marcos has vowed to continue mitigating the impact of higher commodity prices on Filipino households as he welcomed the inflation downtrend recorded last month......»»
Inflation likely to continue downtrend – Global Source
Inflation in the country is likely to continue to slow down, but the Bangko Sentral ng Pilipinas is expected to keep the interest rate higher for longer, according to GlobalSource Partners......»»
Taylor Swift-NFL conspiracy theories are the result of 2 sets of hardcore fans colliding
A vocal minority of NFL fans have complained that Swift is receiving too much airtime during games. But it is not just Swift who is disrupting the NFL, it is also her fans: the 'Swifties.'.....»»
Grammys 2024: Taylor Swift wins Album of the Year
Los Angeles, United States—Pop powerhouse Taylor Swift on Sunday made Grammy history by winning her fourth Album of the Year award for “Midnights” -– the most ever by any artist. With her record-breaking triumph, the 34-year-old surpassed music icons Frank Sinatra, Paul Simon and Stevie Wonder with the most wins of the top Grammy. Swift bested.....»»
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.....»»
BSP keeps rates on hold as expected
The Bangko Sentral ng Pilipinas hit the pause button for the fifth straight policy meeting as it kept the benchmark interest rates steady yesterday, but it may start cutting borrowing costs as early as August if a sustained downtrend in inflation becomes fully evident......»»
DSWD urges 4Ps beneficiaries to avail of gov’t tertiary education support
The Department of Social Welfare and Development (DSWD) urged the beneficiaries of its Pantawid Pamilyang Pilipino Program (4Ps) who want to pursue higher education to avail of various government tertiary education support programs that will assist them with their school expenses. DSWD Asst. Secretary for Strategic Communications Romel Lopez said on Monday (January 15) that […].....»»
DCPO urges city gov to file raps vs condo
THE Davao City Police Office (DCPO) urges the city government to file charges against a condominium where a couple was murdered on April 21, 2024, due to the absence of CCTVs inside the establishment......»»
Pia, Saab, Maxene sama-sama sa 15th death anniversary ni Francis Magalona
BILANG pagpupugay sa ika-15th death anniversary ni Francis Magalona, nagsama-sama ang mga mahal niya sa buhay – ang kanyang misis na si Pia Arroyo-Magalona, pati na rin ang dalawang anak niyang babae na sina Maxene at Saab. Sa pamamagitan ng Instagram Stories, ibinandera ni Maxene ang ilang moments ng naging intimate gathering sa Loyola Memorial.....»»
SC upholds Philippines-Japan economic pact
The Supreme Court has upheld the constitutionality of the Japan-Philippines Economic Partnership Agreement, a bilateral trade and investment deal entered into by the two countries during the Arroyo administration and ratified by the Senate in 2008......»»
Chinese presence at NGCP
The Chinese presence at NGCP can be blamed on former president Gloria Macapagal-Arroyo who allowed it to happen. She was very close to China, trying a pivot to China away from the United States through Chinese supported infrastructure projects......»»
BSP: February inflation expected to settle within gov t target
The Bangko Sentral ng Pilipinas expects that the inflation rate for February 2024 in the country will fall within the range of 2.8% to 3.6%......»»
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......»»
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.....»»
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)......»»
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......»»
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......»»
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......»»