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BSP projects April 2024 inflation between 3.5% to 4.3%

The Bangko Sentral ng Pilipinas expected that the country's inflation rate for April 2024 will fall within the range of 3.5% to 4.3%......»»

Category: financeSource:  philstarRelated NewsApr 30th, 2024

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%......»»

Category: financeSource:  philstarRelated NewsApr 2nd, 2024

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......»»

Category: financeSource:  philstarRelated NewsMar 6th, 2024

Inflation rises 3.4% in February, ending 4-month decline

The country's inflation rate gained momentum in February 2024 as the costs of food and non-alcoholic beverages surged, ending a four-month decline......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

BSP: February inflation expected to settle within gov t target

The Bangko Sentral ng Pilipinas expects that the inflation rate for February 2024 in the country will fall within the range of 2.8% to 3.6%......»»

Category: financeSource:  philstarRelated NewsFeb 29th, 2024

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 […].....»»

Category: newsSource:  metrocebuRelated NewsFeb 7th, 2024

Prices

To most Filipinos, their No. 1 problem is prices – high prices. Of nearly everything. The rate of increase in prices is inflation. Most people don’t understand what inflation means. But they know when prices are high, or are exceedingly high......»»

Category: newsSource:  philstarRelated NewsJan 11th, 2024

Inflation likely to continue downtrend – Global Source

Inflation in the country is likely to continue to slow down, but the Bangko Sentral ng Pilipinas is expected to keep the interest rate higher for longer, according to GlobalSource Partners......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024

ERC suspends reserve market settlement

The Energy Regulatory Commission has ordered the Philippine Electricity Market Corp. and the Independent Electricity Market Operator of the Philippines Inc. to suspend settlement amounts in the reserve market......»»

Category: financeSource:  philstarRelated NewsApr 2nd, 2024

Citi sees shallow rate cuts in 2024, 2025

Global banking giant Citi is now expecting smaller interest rate cuts from the Bangko Sentral ng Pilipinas in the next two years due to a more cautious stance on inflation risks......»»

Category: financeSource:  philstarRelated NewsMay 12th, 2024

Federal Reserve Chair Jerome Powell discusses interest rate cut timeline | The Daily Guardia

Federal Reserve Chair Jerome Powell has declared that interest rate cuts are improbable in the coming months, despite a robust economy and declining inflation. The.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 5th, 2024

Stocks sink on rising geopolitical tensions

The stock market took its deepest plunge for the year as concerns over escalating geopolitical tensions overseas and delayed rate cuts at home prevailed......»»

Category: financeSource:  philstarRelated NewsApr 16th, 2024

Eastern Visayas posts 5.1 percent unemployment rate in July 2023

Eastern Visayas’ unemployment rate peaked at 5.1 percent in July 2023, higher by 0.9 percentage point than the 4.2 percent unemployment rate in April 2023......»»

Category: newsSource:  inquirerRelated NewsMay 14th, 2024

Philippines jobless rate drops to decades-low in December 2023

MANILA, Feb. 7 (Xinhua) -- The unemployment rate in the Philippines decreased to 3.1 percent in December 2023, the lowest since 2005, the Philippine Statistics Authority (PSA) said on Wednesday. "The full-year unemployment rate for 2023 was 4.3 percent compared to 5.4 percent in 2022," PSA head Dennis Mapa said at a press conference. Mapa said about 1.60 million were jobless in December last year. "This w.....»»

Category: newsSource:  manilanewsRelated NewsFeb 8th, 2024

Marcial wary of Thai foe s experience

The experience of Eumir Marcial’s Thai opponent is not something to disregard, the Filipino Olympic bronze medalist said, as the two are set to collide Saturday at the Ninoy Aquino Stadium in Manila. .....»»

Category: sportsSource:  philstarRelated NewsMar 22nd, 2024

Road Warriors wary of red-hot Bossing

The NLEX Road Warriors are aiming to go into a three-week PBA Philippine Cup break with a win......»»

Category: sportsSource:  philstarRelated NewsMar 13th, 2024

SWS: Pinoys wary of climate change impact on mental health

Aside from its threat on physical health, climate change is acknowledged by a large majority of Filipinos as having a dangerous impact on mental health......»»

Category: newsSource:  philstarRelated NewsMar 2nd, 2024

PNP warns public vs ‘vacation scams’

People planning to travel for leisure should be wary of so-called vacation scams......»»

Category: newsSource:  philstarRelated NewsMar 1st, 2024

Kaspersky Report: 1 in 3 Filipinos Face Threats from USBs, Removable Devices

Global cybersecurity company Kaspersky is urging Filipinos to be wary of careless plugging of USBs into their computers unless they have been scanned following the release of data that 36.80% of users in the Philippines were attacked by local threats from January to December 2023. Local threats are malware spread through removable media such as […].....»»

Category: newsSource:  metrocebuRelated NewsFeb 27th, 2024

Flawless Lady Knights sweep way to NCAA beach volleyball crown

The Letran Lady Knights came into the NCAA Season 99 beach volleyball tournament wary of their chances against a stronger, beefed up field......»»

Category: sportsSource:  philstarRelated NewsJan 29th, 2024