Tag: Inflation
October inflation inches up to 2.3%; Still within govt target
October inflation inches up to 2.3%; Still within govt target
The inflation rate for October went up slightly to 2.3% from the 1.9% of September,...
Economists see reduction in reserve requirement ratio
Economists are now looking at the possible reduction in banks’ reserve requirement ratio (RRR) as early as June this year after the Bangko Sentral...
Economist sees modest growth in OFW remittances
Remittances from overseas Filipino workers’ (OFWs) will have continued modest growth, an economist forecasted, citing that beneficiaries need to cope up with the higher...
Diokno wants pause in rate hikes
Finance Secretary Benjamin Diokno said he wanted the Bangko Sentral ng Pilipinas (BSP) to pause interest rate hikes amid easing inflation.
"I’m for a pause,...
BPI revises GDP growth outlook for PH
Ayala-led Bank of the Philippine Islands (BPI) has revised upward its growth projection for the Philippine economy this year to 6.3 percent from 5...
Diokno: PH on track to achieve of 6 to 7%...
Finance Secretary Benjamin Diokno said that the Philippines is on track to achieving its growth targets as the economy sustained its growth momentum in...
Bank loan growth seen amid lower inflation forecast
The growth of loans by universal and commercial banks (U/KBs) is expected to improve in the coming months on projections of an improving inflation rate.
Data...
BSP official hoping for stabilized food prices
A member of the Bangko Sentral ng Pilipinas' (BSP) policy-making Monetary Board (MB) has expressed hope that the prices of food and oil-related products...
PH urged to roll out carbon pricing scheme
The Philippines is being encouraged to follow the initiatives of Southeast Asian neighbors Indonesia, Malaysia, Singapore, and Thailand, on the roll out of any...
WB sees big drop in commodity prices
The World Bank sees commodity prices making their sharpest drop since the Covid-19 pandemic.
The drop in prices, however, is expected to bring little relief to the nearly 350 million...
