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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

Shares rebound as May inflation stays within target

The stock market bounced back after a major sell-off the previous day as investors stayed positive despite higher inflation rate announced in May......»»

Category: financeSource:  philstarRelated NewsJun 5th, 2024

Rice inflation rate slowed down in May 2024 — PSA

The Philippine Statistics Authority reported a slow growth in rice inflation between April and May 2024, as well as a slight decrease in its retail prices......»»

Category: newsSource:  philstarRelated NewsJun 5th, 2024

PH Inflation Up To 3.8% in April 2024

The country’s headline inflation saw a slight uptick in April 2024, according to a report by the Philippine Statistics Authority (PSA) released on May 7, 2024. The said increase brings the cumulative inflation rate to 3.4% for January to April 2024, much lower than April 2023 at 6.6%. Factors Driving the Increase The surge in […].....»»

Category: newsSource:  metrocebuRelated NewsMay 7th, 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

Analysts expect inflation at around 3.8% for March

A BusinessWorld poll of 17 Philippine economists on March inflation rate projections revealed a median of 3.8%, with a high of 4.1% and a low of 3.5%......»»

Category: financeSource:  philstarRelated NewsApr 2nd, 2024

Inflation rises 3.4% in February, ending 4-month decline

The country's inflation rate gained momentum in February 2024 as the costs of food and non-alcoholic beverages surged, ending a four-month decline......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

PH Inflation Sees Huge Dip in January 2024 Now at 2.8%

The country’s headline inflation has taken a significant dip, currently standing at 2.8%, according to the latest report from the Philippines Statistics Authority (PSA) released on February 6, 2024. According to PSA, this marks the lowest rate recorded since October 2020, showing a considerable drop from December 2023’s 3.9 percent and a noteworthy decrease from […].....»»

Category: newsSource:  metrocebuRelated NewsFeb 7th, 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

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......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024

Citi sees shallow rate cuts in 2024, 2025

Global banking giant Citi is now expecting smaller interest rate cuts from the Bangko Sentral ng Pilipinas in the next two years due to a more cautious stance on inflation risks......»»

Category: financeSource:  philstarRelated NewsMay 12th, 2024

Federal Reserve Chair Jerome Powell discusses interest rate cut timeline | The Daily Guardia

Federal Reserve Chair Jerome Powell has declared that interest rate cuts are improbable in the coming months, despite a robust economy and declining inflation. The.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 5th, 2024

Market falls amid worries over rate cuts, China growth

Share prices ended in the red for a third session after another dour day across global markets, fuelled by a sense of resignation that the interest rate cuts long expected in March will not materialize due to stubbornly high inflation......»»

Category: financeSource:  philstarRelated NewsJan 18th, 2024

Employment Increased to 96% in the April 2024 Labor Force Survey, PSA

The country’s employment rate increased to 96% in April this year according to the Philippines Statistics Authority’s (PSA) latest report on June 6, 2024. This is higher compared to both April 2023 and January 2024 with a rate of 95.5%. In April of this year, the labor force participation rate (LFPR) was 64.1%, which is […].....»»

Category: newsSource:  metrocebuRelated NewsJun 6th, 2024

NLEX toll rate tataas sa June 4

Muling tataas ang toll rate sa North Luzon Expressway simula sa June 4, 2024. The post NLEX toll rate tataas sa June 4 first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsMay 30th, 2024

Eastern Visayas posts 5.1 percent unemployment rate in July 2023

Eastern Visayas’ unemployment rate peaked at 5.1 percent in July 2023, higher by 0.9 percentage point than the 4.2 percent unemployment rate in April 2023......»»

Category: newsSource:  inquirerRelated NewsMay 14th, 2024

Philippines jobless rate drops to decades-low in December 2023

MANILA, Feb. 7 (Xinhua) -- The unemployment rate in the Philippines decreased to 3.1 percent in December 2023, the lowest since 2005, the Philippine Statistics Authority (PSA) said on Wednesday. "The full-year unemployment rate for 2023 was 4.3 percent compared to 5.4 percent in 2022," PSA head Dennis Mapa said at a press conference. Mapa said about 1.60 million were jobless in December last year. "This w.....»»

Category: newsSource:  manilanewsRelated NewsFeb 8th, 2024