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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......»»

Category: financeSource:  philstarRelated NewsMar 12th, 2024

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.....»»

Category: sportsSource:  abscbnRelated NewsMar 5th, 2024

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 […].....»»

Category: newsSource:  metrocebuRelated NewsFeb 21st, 2024

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

Philippine government retains 6.5 to 7.5 pct GDP growth target for 2024

MANILA, Jan. 26 (Xinhua) -- National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan on Friday expressed optimism that the Philippine government will achieve a gross domestic product growth of 6.5 percent to 7.5 percent in 2024. "This growth will be supported by low and manageable inflation, a labor force with access to more and better jobs, a stronger fiscal position in the form of a lower.....»»

Category: newsSource:  philippinetimesRelated NewsJan 27th, 2024

Philippine government retains 6.5 to 7.5 pct GDP growth target for 2024

MANILA, Jan. 26 (Xinhua) -- National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan on Friday expressed optimism that the Philippine government will achieve a gross domestic product growth of 6.5 percent to 7.5 percent in 2024. "This growth will be supported by low and manageable inflation, a labor force with access to more and better jobs, a stronger fiscal position in the form of a lower.....»»

Category: newsSource:  manilanewsRelated NewsJan 26th, 2024

30 areas under ‘dangerous’ heat index classification — PAGASA

In the latest heat index bulletin of PAGASA, it said that 30 areas in the country will be under the “danger” classification, with temperatures ranging from 42°C to 47°C......»»

Category: newsSource:  philstarRelated News11 hr. 56 min. ago

DOH warns public vs heat stroke amid high heat index

DOH warns public vs heat stroke amid high heat index.....»»

Category: newsSource:  sunstarRelated NewsMay 5th, 2024

Aparri, Cagayan heat index expected to hit 48°C

MANILA, Philippines — Aparri in Cagayan is expected to hit the highest heat index on Sunday at 48 degrees Celsius (°C), according to the Philippine Atmospheric, Geophysical, and Astronomical Services Administration (Pagasa). Based on Pagasa’s forecast, Dagupan City in Pangasinan might also experience extreme heat at 47°C, followed by Virac in Catanduanes at 45°C. Apart.....»»

Category: newsSource:  inquirerRelated NewsMay 5th, 2024

16 areas could hit danger level heat index

A total of 16 areas in the Philippines are forecast to fall under the "danger" heat index classification on Sunday, PAGASA said......»»

Category: newsSource:  philstarRelated NewsMay 5th, 2024

Dangerous heat index expected in 30 areas nationwide, including NCR

State weather bureau PAGASA reported that the heat index in 30 areas across the country, including parts of Metro Manila, is expected to soar to dangerous levels on Saturday......»»

Category: newsSource:  philstarRelated NewsMay 4th, 2024

Press freedom index: Philippines falls 2 notches to 134th

The Philippines remains a “difficult country” for journalists as it dropped two spots in the annual press freedom index released by media watchdog Reporters Without Borders (Reporters Sans Frontières/RSF)......»»

Category: newsSource:  philstarRelated NewsMay 3rd, 2024

Heat index nakakapaso sa 41 lugar

Mapanganib pa rin ang lebel ng init ng panahon ngayong Martes sa 41 lugar ng bansa, kabilang ang Metro Manila, ayon sa Pagasa. The post Heat index nakakapaso sa 41 lugar first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 30th, 2024

Cebu gears up for hottest May yet: May 1 temperature to hit 40°C

CEBU CITY, Philippines – Cebu will continue to endure scorching heat as the maximum heat index on Tuesday, April 30, is expected to reach 39 degrees Celsius. The following day, May 1, will mark the beginning of the hottest month of the year due to the combination of summer and El Niño. The heat index.....»»

Category: newsSource:  inquirerRelated NewsApr 30th, 2024

Cebu brace for hottest month, heat index to become dangerous

Cebu brace for hottest month, heat index to become dangerous.....»»

Category: newsSource:  sunstarRelated NewsApr 28th, 2024

42 areas under risk of dangerous heat index on April 28

State weather bureau PAGASA reported that the heat index in 42 areas across the country, including parts in Metro Manila, is expected to reach the dangerous levels on Sunday......»»

Category: newsSource:  philstarRelated NewsApr 28th, 2024

38 areas under ‘dangerous’ heat index classification — PAGASA

In the latest heat index bulletin of PAGASA, it said that 38 areas in the country will be under the “danger” classification, with temperatures ranging from 42°C to 47°C......»»

Category: newsSource:  philstarRelated NewsApr 25th, 2024

PAGASA: 30 areas under ‘dangerous’ heat index classification

According to the latest heat index bulletin of PAGASA, 30 areas are forecasted to fall into the "danger" classification due to temperatures ranging from 42°C to 46°C......»»

Category: newsSource:  philstarRelated NewsApr 24th, 2024

Cebu to hit record high heat index on April 24

Cebu to hit record high heat index on April 24.....»»

Category: sportsSource:  abscbnRelated NewsApr 23rd, 2024

Cebu hits record high heat index of 39°C

Cebu hits record high heat index of 39°C.....»»

Category: newsSource:  sunstarRelated NewsApr 22nd, 2024