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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......»»
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.....»»
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 […].....»»
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......»»
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.....»»
Cebu Province declares state of calamity due to El Niño
CEBU CITY, Philippines – The Cebu Provincial Government has declared the entire province under a state of calamity. This decision follows the submission of initial reports to the provincial government, detailing the damage and losses to crops and livestock in several areas of the province caused by the ongoing drought from the El Niño phenomenon.....»»
State of calamity set in Cebu due to heat
Cebu Gov. Gwendolyn Garcia is placing the province under a state of calamity because of the intense heat and the lingering impact of the El Niño phenomenon......»»
Gwen mideklarar og state of calamity
Gwen mideklarar og state of calamity.....»»
Cebu to be placed under ‘state of calamity’
Cebu to be placed under ‘state of calamity’.....»»
State of calamity in Iloilo due to El Niño
With damage to agriculture and livelihood breaching P1 billion, the entire province of Iloilo has been placed under a state of calamity due to El Niño......»»
Another Negros Occidental city under state of calamity
San Carlos City in Negros Occidental is now under a state of calamity due to drought amid the El Niño phenomenon......»»
PDRRMO-DavOr continues to monitor calamity-prone areas despite El Niño
DESPITE the peak of the El Niño phenomenon, the Provincial Disaster Risk Reduction and Management Office (PDRRMO) of Davao Oriental vowed to continue monitoring calamity-prone areas in their jurisdiction......»»
Cauayan not declaring state of calamity
Cauayan not declaring state of calamity.....»»
El Niño: Negros Oriental under state of calamity
The entire province of Negros Oriental is now under a state of calamity because of the effects of El Niño......»»
131 cities, towns now under state of calamity
A total of 131 cities and towns have been placed under state of calamity because of the effects of El Niño, which is expected to persist until the end of May, the government said yesterday......»»
131 LGUs in state of calamity due to El Niño
Over a hundred local government units have declared a state of calamity over El Niño-induced droughts and extreme heat. .....»»
103 areas under state of calamity due to heat
A total of 103 cities and towns have been placed under a state of calamity because of El Niño, while the number of persons affected by the weather phenomenon has reached 2.1 million, according to Task Force El Niño spokesman and Presidential Communications Assistant Secretary Joey Villarama......»»
Kabankalan declares state of calamity due to drought
Kabankalan declares state of calamity due to drought.....»»
Basilan under state of calamity due to drought
The entire island province of Basilan has been placed under a state of calamity due to drought amid the El Niño phenomenon......»»
Government releases P3.4 billion calamity funds in Q1
The government released a total of P3.4 billion in calamity funds in the first quarter of the year as it financed various disaster relief operations......»»