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March inflation may pick up amid high food prices

Inflation likely accelerated for the second straight month in March, mainly driven by high rice prices, prompting the Bangko Sentral ng Pilipinas (BSP) to keep borrowing costs unchanged at its next policy review in April, analysts said......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 2024

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......»»

Category: newsSource:  samarnewsRelated NewsJan 26th, 2024

‘Volatile inflation to keep rates steady’

Commodity prices in the country will remain volatile for the first semester, prompting the Bangko Sentral ng Pilipinas to keep rates steady and start easing only by June, according to Moody’s Analytics......»»

Category: financeSource:  philstarRelated NewsFeb 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 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)......»»

Category: financeSource:  philstarRelated NewsApr 12th, 2024

Food inflation pumalo sa 5.6%, bigas pinakamataas sipa ng presyo

Ayon kay Philippine Statistics Authority (PSA) Undersecretary Dennis Mapa, nasa 24.4% ang inflation ng bigas nitong Marso at malapit na ito sa all time high na 24.6% na naitala noon pang Pebrero 2009 na 24.6%. The post Food inflation pumalo sa 5.6%, bigas pinakamataas sipa ng presyo first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 6th, 2024

BSP sinisipat 4.2% inflation noong Marso

Sa pagtaya ng Bangko Sentral ng Pilipinas, maaaring umabot sa 4.2% ang inflation nitong Marso. The post BSP sinisipat 4.2% inflation noong Marso first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 1st, 2024

ANZ raises Philippine inflation forecast to 3.8% this year

ANZ Research hiked its inflation forecast for the Philippines to 3.8 percent this year, from 3.5 percent previously, as risks may drive inflation up to above the central bank’s two to four percent target in the coming months......»»

Category: financeSource:  philstarRelated NewsMar 28th, 2024

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

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

Is an Inflation Shock Imminent? The Daily Guardian Explores Wall Streets Concerns

Inflation Concerns Rise as Consumer-Price Index Falls Short of Expectations Inflation has been a hot topic of discussion recently, with hopes that the Federal Reserve.....»»

Category: newsSource:  thedailyguardianRelated NewsJan 27th, 2024

Exo s Suho returning to the Philippines in June

Korean singer-actor Suho, a member of the boy band Exo, is coming back to the Philippines this June as part of his upcoming Asia tour......»»

Category: entertainmentSource:  philstarRelated NewsApr 5th, 2024

Angat’s water to hit below minimum level in June

The water elevation in Angat Dam dropped to 200.05 meters yesterday and may go down below its minimum operating level of 180 meters in June due to the El Niño phenomenon, according to the Philippine Atmospheric, Geophysical and Astronomical Services Administration......»»

Category: newsSource:  philstarRelated NewsMar 26th, 2024

House of the Dragon releases season 2 trailers, to debut on June 17

The eight-episode Season 2 of the HBO Original drama series “House of the Dragon” is set to debut on June 17 in HBO and HBO GO......»»

Category: entertainmentSource:  philstarRelated NewsMar 22nd, 2024

Pagara mobalik og away, June 15

Pagara mobalik og away, June 15.....»»

Category: newsSource:  sunstarRelated NewsMar 11th, 2024

Phase 1 of Cebu BRT project due for turnover in May or June

CEBU CITY, Philippines – Phase one of the Cebu Bus Rapid Transit (CBRT) project is set to be completed around May or June this year, a local legislator confirmed. Councilor Jerry Guardo, chairman of the committee on infrastructure of the Cebu City Council, said that although the project was initially scheduled for turn over in.....»»

Category: newsSource:  inquirerRelated NewsFeb 21st, 2024

Doctor’s orders: June Mar Fajardo to sit out Gilas Pilipinas action

As much as he wants to suit up for Gilas Pilipinas, June Mar Fajardo needs to rest to recover from a calf injury he sustained in the PBA finals.....»»

Category: newsSource:  rapplerRelated NewsFeb 20th, 2024

BIDDING SET IN JUNE | 11 companies buy bid documents for Capitol s bulk water project

BIDDING SET IN JUNE | 11 companies buy bid documents for Capitol s bulk water project.....»»

Category: newsSource:  sunstarRelated NewsFeb 8th, 2024

PCG to invite Vietnam to trilateral exercise in June

The Philippine Coast Guard intends to strengthen ties with the Vietnamese Coast Guard by inviting them to join for the first time the trilateral marine pollution exercise in June......»»

Category: newsSource:  philstarRelated NewsFeb 4th, 2024