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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......»»
Larry Summers warns that the war vs inflation might not be over
Larry Summers, the former US Treasury Secretary (under President Bill Clinton) and former Chief Economist of the World Bank, said that the US Federal Reserve may still need to raise rates before it can declare victory in the war against inflation......»»
Security Bank, Helios team up for solar energy in households
Security Bank Corp. has tied up with climate fintech firm Helios to boost the access of Filipino homeowners to clean and sustainable energy......»»
High demand to feed growth in broiler output
Local broiler production could grow by at least two percent to as much as 1.943 million metric tons this year on the back of growing demand as chicken meat remains an affordable commodity for Filipino households......»»
Banks expect higher consumer, corporate loan demand in Q1
Despite the higher for longer interest rate scenario, Philippine banks still expect a stronger loan demand from companies and households in the first quarter of the year, according to the Bangko Sentral ng Pilipinas......»»
Article 23: Hong Kong passes tough security law after years of protests
The government announced today a new policy aimed at promoting the usage of renewable energy in businesses and households across the country. The policy includes.....»»
1,182 Aklan households ‘graduate’ from 4Ps
At least 1,182 household-beneficiaries of the Pantawid Pamilyang Pilipino Program in Aklan “successfully graduated” from the 4Ps this month, the Department of Social Welfare and Development reported yesterday......»»
ADB: Manufacturing benefits the most from remittances
The manufacturing sector is the biggest recipient of spending made by households receiving remittances from overseas Filipino workers, according to the Asian Development Bank......»»
Going zero waste : La Union villagers exchange fruit seeds with rice
The La Union provincial government is reaping successes of a noble project that seeks not only to help defray expenses of households, but also encourage residents to lead zero waste lifestyles. .....»»
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......»»
Managing inflation crucial for macroeconomic stability
Managing inflation crucial for macroeconomic stability.....»»
Inflation likely eased below 3 percent in January
Economists believe inflation further eased for the fourth straight month in January, with some convinced that the rise in consumer prices slowed to below three percent for the first time in more than three years......»»
Inflation still top concern for Pinoys
Despite inflation easing in December, it remains the top concern for many Filipinos as prices of rice, the country’s staple food, continued to pick up, think tank GlobalSource Partners said......»»
Market extends losses as inflation quickens
The stock market extended its losing streak yesterday, closing the week in the red as inflation accelerated for a second straight month in March......»»
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%......»»
BSP: Inflation surpassed target in March
Inflation likely continued its uptick in March but breaching the target of the central bank for the first time in three months amid more expensive electricity costs, oil and food prices......»»
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......»»
Inflation up to 3.4% in February 2024
The overall inflation in the country rose to 3.4% in February according to the recent report of the Philippine Statistics Authority (PSA) on March 5, 2024. Main Driving Factors for the Rise: Food and Non-Alcoholic Beverages: Went up from 3.5% in January to 4.6% in February 2024. Transport: Saw a yearly increase of 1.2% in […].....»»
Fight vs inflation far from over – BSP
Bangko Sentral ng Pilipinas Governor Eli Remolona said it is too soon to declare victory in the fight against inflation, signaling a higher-for-longer rate environment, as inflationary risks continue to cloud the outlook......»»
February inflation quickened to 3.4% y/y
The Philippine Statistics Authority said that Philippine inflation for February quickened to 3.4% y/y, up from January’s 2.8% y/y increase......»»