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Philippines likely missed 2023 growth target
While some economists believe the Philippine economy likely grew faster in the fourth quarter, the overall expansion in 2023 is still expected to fall short of the six to seven percent target penned by the government’s economic managers......»»
Recto urged to pursue progressive taxes
Newly appointed Finance Secretary Ralph Recto should backpedal from pursuing consumption-based taxes and instead focus on more progressive ones in order to generate revenues amid the country’s limited fiscal space, economists said......»»
DSWD 7 launches Akap to aid low-income earners from inflation
DSWD 7 launches Akap to aid low-income earners from inflation.....»»
The Fed s meeting notes: Lack of further progress on inflation
The US Federal Reserve (the Fed) [link] released the minutes of the meetings held by the Federal Open Markets Committee (FOMC), the body charged with making the decision on interest rates, and a reading of the minutes revealed concern by officials that “recent monthly data had showed significant increases in components of both goods and services price inflation”, and that “in recent months there had been a lack of further progress toward the Committee’s 2 percent objective.”.....»»
Inflation rate in Cebu Province decelerates in April 2024
CEBU CITY, Philippines — The inflation rate in Cebu Province for April 2024 has decelerated to 0.2 percent from 0.3 percent in March, according to the report of the Philippine Statistics Authority (PSA) Cebu on Thursday, May 16. PSA Cebu’s Chief Statistical Specialist Melchor Bautista said the headline inflation slowed down in April 2024 mainly.....»»
Mandaue’s April inflation highest in CV
Mandaue’s April inflation highest in CV.....»»
Central Visaya’s inflation remains at 3.2% in April
Central Visaya’s inflation remains at 3.2% in April.....»»
Higher April inflation drags market
The stock market returned to its losing ways after the country’s inflation was reported to have quickened in April......»»
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 […].....»»
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......»»
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 […].....»»
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%......»»
Singapore bank hikes Philippines inflation forecast
DBS Bank Ltd. of Singapore raised its inflation forecast for the Philippines this year to 3.7 percent from 3.3 percent previously, a development which could prompt the Bangko Sentral ng Pilipinas (BSP) to keep rates higher for longer......»»
Mandaue City logs highest inflation rate
Mandaue City logs highest inflation rate.....»»
Mandaue labing taas og inflation rate sa HUCs
Mandaue labing taas og inflation rate sa HUCs.....»»
Repeal of liberalization law urged to combat high rice inflation
A farmer group on Wednesday said that reversing the rice liberalization law would help address the low procurement of rice grains and high rice inflation......»»
Sticky food inflation
Decades of incompetence and corruption at the Department of Agriculture have made food inflation rather sticky for us these days......»»
Century Pacific Food logs P5.6 billion income despite inflation
Century Pacific Food logs P5.6 billion income despite inflation.....»»
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......»»
DA working double time to increase rice production at lower cost amid inflation
The Department of Agriculture promised to intensify its efforts to increase the level of rice production in the Philippines with lower expenditures to alleviate food and non-food inflation, particularly rice......»»