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Inflation quickens to 3.4 percent in February

Inflation quickened to a two-month high of 3.4 percent in February from 2.8 percent in January, snapping four straight months of decline amid faster upticks in food prices such as rice and meat and transport costs......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

Wholesale price growth slowed in 2023

Growth in bulk prices of goods in the country eased last year as food and three other commodity groups posted slower price increases, according to the Philippine Statistics Authority......»»

Category: financeSource:  philstarRelated NewsFeb 5th, 2024

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......»»

Category: financeSource:  philstarRelated NewsApr 1st, 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

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 […].....»»

Category: newsSource:  metrocebuRelated NewsApr 30th, 2024

‘Inflation uptick far from over’

The uptick in inflation is far from over as more expensive commodity prices could last until the second quarter, with the government ramping up efforts to ensure food security amid threats of El Niño......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

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......»»

Category: financeSource:  philstarRelated NewsJan 15th, 2024

Factory gate prices decline in January

Producer prices of manufactured goods contracted in January due mainly to the slower increase in prices of computer, electronic and optical products, according to the Philippine Statistics Authority......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

Sticky food inflation

Decades of incompetence and corruption at the Department of Agriculture have made food inflation rather sticky for us these days......»»

Category: financeSource:  philstarRelated NewsApr 10th, 2024

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......»»

Category: financeSource:  philstarRelated NewsApr 6th, 2024

March inflation climbs to 3.7% due to soaring food, transport costs

The country's inflation accelerated to 3.7%, driven by increased food and transportation costs, according to the Philippine Statistics Authority's report on Friday......»»

Category: newsSource:  philstarRelated NewsApr 5th, 2024

EDITORIAL - Easing food importation

With food-fueled inflation accelerating for the second straight month in March, and the latest surveys showing rising prices still the top concern of Filipinos, the government’s has once again opted for its go-to response: increased importation......»»

Category: newsSource:  philstarRelated NewsApr 22nd, 2024

Presyo Merkado: Current prices of food in Metro Cebu markets

Presyo Merkado is a daily guide to the prices of goods in different markets around Metro Cebu. Stay updated by checking our site and social media platforms every morning. (UPDATED) CEBU CITY, Philippines —It is almost payday! What are you planning to buy in the market? You may check the prices of goods and commodities.....»»

Category: newsSource:  inquirerRelated NewsApr 11th, 2024

Eight Tips for Choosing a Domain Name for Your Small Business

Choosing a domain name for a small business requires careful consideration, as it is often the first thing people see about your business. The domain name of a business is often considered a piece of real estate on the internet, or your business home on the web. It is core to the digital presence of […].....»»

Category: newsSource:  metrocebuRelated NewsMar 20th, 2024

Prices of food supplies in Mindanao markets soar amid Ramadhan

The Bangsamoro government and its constituent-local government units have fused ranks to stop the practice of unscrupulous traders to increase prices of food supplies they sell in markets during the Islamic Ramadhan season......»»

Category: newsSource:  philstarRelated NewsMar 14th, 2024

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 […].....»»

Category: newsSource:  metrocebuRelated NewsMar 6th, 2024

Moody’s: Philippines highly exposed to food security risks

Food security risks will likely remain elevated in Asia-Pacific even if prices of food ease this year, with the Philippines among the most exposed to shocks and risks in the region, Moody’s Investors Service said......»»

Category: financeSource:  philstarRelated NewsMar 13th, 2024

Laurel pushing for lower food freight costs

The country’s prevailing freight rates on agricultural shipments must be “discounted” to keep food prices nationwide “affordable,” Agriculture Secretary Francisco Tiu Laurel said. Laurel said that he would propose to the Philippine Ports Authority to implement a “discounted” freight rate for agricultural and food products......»»

Category: newsSource:  philstarRelated NewsFeb 4th, 2024

NCR retail price growth steady in December – PSA

Retail prices of goods in Metro Ma- nila snapped a three-month downtrend as it maintained its pace of growth in December from the previous month, according to the Philippine Statistics Authority......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

Consumers express mixed reactions on slight power rate increase

Consumers of Davao Light and Power Co., Inc. have expressed mixed reactions to a slight increase in the overall power rate starting January 2024. The increase is attributed to higher market prices affecting the generation rate. Noriza Mabanding, a virtual assistant, noted the impact on her energy usage and the need to schedule appliance usage to save energy. Jenalyn Manguiob, a small business owner, expressed dissatisfaction with the increase's effect on her business but acknowledged the global market's influence and the importance of conserving energy. The increase amounts to P0.0774 per kWh, resulting in a minor increase in electricity bills for residential customers......»»

Category: newsSource:  sunstarRelated NewsJan 26th, 2024