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Philippine inflation rate slightly quickens to 3.8 pct in April

MANILA, May 7 (Xinhua) -- Year-on-year inflation in the Philippines rose to 3.8 percent in April from 3.7 percent in March due to the continued increases in food and transport prices, the Philippine Statistics Authority (PSA) said on Tuesday. In a news conference, PSA head Dennis Mapa said the uptrend in overall inflation in April was primarily driven by the higher year-on-year increase in food and non-alcoholic.....»»

Category: newsSource:  manilanewsRelated NewsMay 7th, 2024

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

13 million families felt poor in 2023 – SWS poll

Nearly half or 47 percent of Filipino families rated themselves poor during the last quarter of 2023, hardly moving from 48 percent in September last year in a similar survey conducted by the Social Weather Stations......»»

Category: newsSource:  philstarRelated NewsJan 17th, 2024

Shear line affects over 80-K families in Davao

The shear line in the Davao Region has had a significant impact on over 80,000 families, as reported by the Office of Civil Defense-Davao Region (OCD-Davao). The affected families are spread across Davao de Oro, Davao del Norte, Davao Occidental, and Davao Oriental. Evacuation efforts have been underway, with some families still in shelters. Tragically, casualties have been reported, including fatalities and injuries due to landslides and flooding. The infrastructure has also suffered, with roads and bridges being blocked or damaged. The Department of Social Welfare and Development-Davao Region (DSWD-Davao) has been providing relief to affected residents, and the local government units have also contributed aid. In response to the shear line, the OCD-Davao has raised its Blue Alert status, emphasizing the need for intensified monitoring and immediate mobilization of resources. The situation remains challenging, with ongoing flooding and landslides affecting numerous areas in the region......»»

Category: newsSource:  sunstarRelated NewsJan 19th, 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

Philippines inflation rate slows to 2.8 pct in January

MANILA, Feb. 6 (Xinhua) -- Year-on-year inflation in the Philippines further eased to 2.8 percent in January from 3.9 percent in December 2023, the Philippine Statistics Authority (PSA) said on Tuesday. PSA head Dennis Mapa told a press conference that the January inflation rate is the lowest since the 2.3 percent inflation rate was recorded in October 2020. In January 2023, inflation rate was 8.7 percent.....»»

Category: newsSource:  manilanewsRelated NewsFeb 6th, 2024

Cebu Province inflation rate soared in March 2024

CEBU CITY, Philippines — Cebu Province inflation rate rose in March as Cebuanos continue to grapple with rising prices of goods and commodities, the latest inflation report by the Philippine Statistics Authority (PSA) Cebu showed. On Wednesday, April 17, PSA Cebu Chief Statistical Specialist Melchor Bautista presented the inflation report in Cebu Province for March.....»»

Category: newsSource:  inquirerRelated NewsApr 17th, 2024

The Mystery of Post-Inflation Stability: Exploring Economic Uncertainty

Inflation, a sneaky force eating away at our financial stability, makes us wonder: what happens after its rampage? Do things settle back to normal, or are we stuck dealing with the aftermath? Inflation is simply prices creeping up over time, quietly changing our financial landscape. Think of your favorite café inching up its prices or […].....»»

Category: newsSource:  metrocebuRelated NewsMar 26th, 2024

DA: 30 percent of crops wasted due to poor logistics

Nearly a third or 30 percent of the country’s agricultural produce is wasted because of a poor logistics system, the Department of Agriculture said yesterday, as it cited the need to invest “heavily” in post-harvest facilities to reduce losses and lower commodity prices......»»

Category: newsSource:  philstarRelated NewsJan 17th, 2024

4 Reasons Why Small Families Should Buy a Condo

Investing in a condo with a great location is a tempting offer, and this becomes more so with small families who are considering moving to the Meyer Blue condo. Here are four compelling reasons for small families and couples to move into one as soon as they can. The View An excellent view of the […] The post 4 Reasons Why Small Families Should Buy a Condo appeared first on Kagay An......»»

Category: newsSource:  kagay_anRelated NewsMar 31st, 2024

High rice prices to persist until September – DA

Despite sufficient rice stocks in the first half of the year, elevated rice prices may persist until September due to high international prices caused by the El Niño phenomenon, according to the Department of Agriculture......»»

Category: newsSource:  philstarRelated NewsFeb 8th, 2024

Ma seeks justice after daughter dies due to ‘poor medical care’

Ma seeks justice after daughter dies due to ‘poor medical care’.....»»

Category: newsSource:  thedailyguardianRelated NewsApr 7th, 2024

Ma seeks justice after daughter dies due to ‘poor medical care’

Ma seeks justice after daughter dies due to ‘poor medical care’.....»»

Category: newsSource:  thedailyguardianRelated NewsApr 7th, 2024

Ma seeks justice after daughter dies due to ‘poor medical care’

Ma seeks justice after daughter dies due to ‘poor medical care’.....»»

Category: newsSource:  thedailyguardianRelated NewsApr 7th, 2024

Ma seeks justice after daughter dies due to ‘poor medical care’

Ma seeks justice after daughter dies due to ‘poor medical care’.....»»

Category: newsSource:  thedailyguardianRelated NewsApr 7th, 2024

April inflation quickened to 3.8% due to food, transpo costs — PSA

Food and transport prices once again accelerated the country’s inflation rate, rising by 3.8%, according to the Philippine Statistics Authority's report on Tuesday......»»

Category: financeSource:  philstarRelated NewsMay 7th, 2024

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

‘P7 billion senior high vouchers went to non-poor’

Aside from around 19,000 “ghosts” or undocumented students receiving government assistance, more than P7 billion was spent on non-poor beneficiaries of the senior high school voucher program (SHS-VP), according to Sen. Sherwin Gatchalian......»»

Category: newsSource:  philstarRelated NewsMar 25th, 2024

UPCAT set for August 10 to 11

The University of the Philippines will hold the 2025 UP College Admission Test in August, its Office of Admissions announced yesterday......»»

Category: newsSource:  philstarRelated NewsFeb 27th, 2024

DHVSU San Fdo campus to open this August: Dong

DHVSU San Fdo campus to open this August: Dong.....»»

Category: newsSource:  sunstarRelated NewsJan 22nd, 2024