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Cebu’s inflation rate rose in Feb compared to January

CEBU CITY, PHILIPPINES – Cebu’s inflation rate rose slightly in February compared to lJanuary as prices have gone up in most parts of the province including the tri-cities of Cebu, Lapu-Lapu, and Mandaue. This was after the Philippine Statistics Authority (PSA) Cebu Province announced the current inflation rate of Cebu including the Highly Urbanized Cities.....»»

Category: newsSource:  inquirerRelated NewsMar 15th, 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

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

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

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

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

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

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

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

Gaza ceasefire talks at an impasse as humanitarian crisis deepens

Israel is reportedly staying away from the Cairo talks because Hamas refused to provide a list of hostages who are still alive. Hamas says this is impossible without a ceasefire as hostages are scattered across the war zone......»»

Category: newsSource:  rapplerRelated NewsMar 7th, 2024

Robert Bolick-led NLEX deepens San Beda core, signs 6th ex-Red Lion Baser Amer

Former San Beda coach Frankie Lim turns to another trusted former player in PBA free agency as NLEX snags four-time NCAA champion Baser Amer.....»»

Category: newsSource:  rapplerRelated NewsFeb 13th, 2024

BSP: Inflation likely eased further in January

Headline inflation likely slowed further for the fourth straight month in January, ranging between 2.8 and 3.6 percent, after easing to a 22-month low of 3.9 percent in December, according to the Bangko Sentral ng Pilipinas......»»

Category: financeSource:  philstarRelated NewsJan 31st, 2024

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

Water cannons sprayed on Philippine boat by Chinese coast guard ship

MANILA, The Philippines: In the latest confrontation near a disputed shoal in the South China Sea, Philippine officials said a Chinese coast guard ships sprayed water cannons at a supply boat on Saturday, causing injuries to its navy crew members and heavy damage to the wooden vessel. The US and Japan immediately expressed their support for the Philippines amid China's aggression off the Second Thomas Shoal, whi.....»»

Category: newsSource:  manilanewsRelated NewsMar 29th, 2024

DFA summons Chinese envoy over latest sea confrontation

The DFA said in a statement that the agency summoned the chargé d'affaires of the Chinese Embassy to protest “aggressive actions” by the China Coast Guard (CCG) and Chinese maritime militia against a civilian boat supplying troops stationed at BRP Sierra Madre in Ayungin Shoal. .....»»

Category: newsSource:  philstarRelated NewsMar 25th, 2024

Contained

When Hamas militants launched that murderous Oct. 7 raid on Israeli settlements, the strategy was to escalate confrontation enough to bring regional and global forces into play, possibly forcing the extinction of the Jewish state......»»

Category: newsSource:  philstarRelated NewsMar 13th, 2024

China accuses US of 'stoking military confrontation' with missile deployment in Philippines

Beijing [China], April 22 (ANI): China has accused the United States of escalating military tensions in the region following the recent deployment of a powerful missile launcher in the Philippines capable of firing weapons with a range of up to 1,600 kilometers, CNN reported on Monday. The US Army's Mid-Range Capability (MRC) ground-based missile system, also known as the Typhon system, has been deployed to the Indo-Pacif.....»»

Category: newsSource:  manilanewsRelated NewsApr 23rd, 2024

US bringing destabilizing weapons out of the shadows Moscow

The deployment of American intermediate-range missiles in the Philippines is another blow to global stability, Russian ambassador to Washington Anatoly Antonov has saidThe US deployment of intermediate-range missiles in the Philippines is another step by Washington aimed at escalating the level of military confrontation in the Asia-Pacific, Russian ambassador to Washington Anatoly Antonov has sa.....»»

Category: newsSource:  manilanewsRelated NewsApr 18th, 2024

Russia responds to new US missile deployment in Asia

The deployment of American intermediate-range missiles in the Philippines is another blow to global stability, Russian Ambassador to Washington Anatoly Antonov has saidUS deployment of intermediate-range missiles in the Philippines is another step by Washington towards escalating military confrontation in the Asia-Pacific, Russian ambassador to Washington Anatoly Antonov has said.Last wee.....»»

Category: newsSource:  manilanewsRelated NewsApr 18th, 2024