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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.....»»
Inflation Rate (IR) in Eastern Visayas drops to 2.4 percent in July 2023
The Inflation Rate (IR) in Eastern Visayas slowed down further to 2.4 percent in July 2023 from 3.3 percent in June 2023......»»
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)......»»
PBBM idineklara July 17 bilang National CPR Day
Idineklara ni Pangulong Ferdinand Marcos Jr. ang July 17 ng bawat taon bilang National Cardiopulmonary Resuscitation (CPR) Day, ayon sa Presidential Communications Office (PCO) nitong Sabado, Marso 30. The post PBBM idineklara July 17 bilang National CPR Day first appeared on Abante......»»
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......»»
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......»»
BSP urged: Ensure out-of-the-woods inflation before cutting interest rates
Monetary authorities must ensure that inflation is finally out of the woods before any move to ease policy rates, state-run Land Bank of the Philippines said......»»
Citi hikes Philippines inflation forecast
Global banking giant Citi raised its 2024 inflation forecast for the Philippines to 3.6 percent from 3.4 percent previously, following the faster-than-expected headline print in February......»»
T-bill rates rise on inflation recoil
The rates for the government’s short-term securities picked up across the board as the market expects inflation to have snapped four straight months of easing......»»
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 […].....»»
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 on guard vs inflation risks amid El Niño
The BSP chief said headline inflation likely further accelerated to 3.9 percent in March from 3.4 percent in February due to base effects, but lower than the 7.6 percent in March 2023......»»
BSP: Inflation likely eased further in January
Headline inflation likely slowed further for the fourth straight month in January, ranging between 2.8 and 3.6 percent, after easing to a 22-month low of 3.9 percent in December, according to the Bangko Sentral ng Pilipinas......»»
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.....»»
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 […].....»»
OPM heavyweights to headline Aurora Music Fest
On top of the finest Original Pilipino Music acts that will headline the Aurora Music Festival 2024 on April 6 and 7 in Clark Global City, Pampanga, the event-goers can also marvel at the hot air balloons that will light up Clark’s skyline and savor Kapampangan food that will be available at the venue......»»
Marcos proclaims July 17 as National CPR Day
President Marcos has declared July 17 of every year as National Cardiopulmonary Resuscitation Day, citing the need to create awareness of the importance of knowing how to respond to health emergencies......»»
Marcos declares July 17 as ‘National CPR Day’
President Ferdinand "Bongbong" Marcos Jr. has officially declared July 17 as “National Cardiopulmonary Resuscitation Day,” to promote health awareness across the country, according to the Presidential Communications Office......»»
DOH: P76.1B COVID-19 allowance for health workers released
These funds cover 8,549,207 claims from July 1, 2021 to July 20, 2023. .....»»
PAL to add Manila-Cebu-Borongan flights starting July
PAL to add Manila-Cebu-Borongan flights starting July.....»»