Tag: Inflation rate
BSP maintains policy rates
After hiking key rates for nine consecutive rate setting meetings since May 2022, Philippine monetary authorities on Thursday maintained the Bangko Sentral ng Pilpinas’...
BSP sees lower inflation rate in April
Lower power rates, drop in the prices of fish and vegetables and lower liquefied petroleum gas (LPG) are expected to help decelerate inflation rate...
BSP open to pausing monetary rate hikes
Bangko Sentral ng Pilipinas (BSP) Governor Felipe Medalla hinted at a possible pause in the central bank’s rate-hiking cycle, citing the deceleration of the...
BSP sees March inflation at 7.4% and 8.2 percent
The easing of the prices of domestic petroleum and some food items is seen to contribute to the possible slowdown of the inflation rate...
BSP sees no negative impact on economy from rate hikes
The sustained hikes in the Bangko Sentral ng Pilipinas’ (BSP) key rates are not expected to negatively impact domestic growth this year, Bangko Sentral...
Lower BOP deficit forecasted this year
A lower deficit for the 2023 balance of payment (BOP) position is forecasted for the Philippines on account of expected narrower trade gap and better services exports...
Economist sees recovery in foreign direct investments
A respected economist is optimistic on foreign direct investments (FDIs) to the Philippines recovering or rebounding given the continued recovery of the domestic economy.
The Bangko Sentral ng Pilipinas (BSP) reported...
Inflation hits 4.9 percent in August
Rate of price increases accelerated to its fastest since January 2019
at 4.9 percent last August but the Bangko Sentral ng Pilipinas (BSP)
maintains that inflation...
April inflation settles at 4.5 percent
The country’s inflation rate remained at 4.5 percent in April as prices of some food items were lower, which offset the increase in the...
February inflation rate accelerates to to 4.7 percent
The inflation rate for Febuary this year reached 4.7 percent that represents an acceleration for last month’s 4.2 percent that, surpassing the government’s target band...
