Tag: inflation,
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Inflation quickens to 9-month high
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HEADLINE INFLATION accelerated to a nine-month high in July, mainly driven by a spike in electricity rates and food costs, data from the Philippine Statistics Authority (PSA) showed.
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Philippine annual inflation quickens to 4.4% in July
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MANILA – Philippine annual inflation quickened in July, reflecting faster pace of increases in food and utility costs, the statistics agency said on Tuesday. The consumer price index (CPI) rose 4.4% in July, above the previous month’s 3.7%, bringing year-to-date inflation to 3.7% and close to the top of the…
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Inflation likely rose in July — poll
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HEADLINE INFLATION likely accelerated in July but remained within the central bank’s 2-4% target range, analysts said.
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BSP sees July inflation at 4%-4.8%
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HEADLINE INFLATION may have accelerated in July, possibly ending seven straight months of within-target inflation, the Bangko Sentral ng Pilipinas (BSP) said on Wednesday.
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Philippine inflation eases to 3.7% in June
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by Luisa Maria Jacinta C. Jocson, Reporter Headline inflation eased to 3.7% in June after four straight months of acceleration due to a slower rise in electricity and transport costs, the Philippine Statistics Authority (PSA) said. The PSA on Thursday reported that the consumer price index (CPI) rose to 3.7%…
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June inflation likely within target
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HEADLINE INFLATION likely remained steady in June and settled within the central bank’s 2-4% target for a seventh straight month, analysts said.
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Marcos says inflation is still Philippines’ ‘greatest problem’
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PHILIPPINE PRESIDENT Ferdinand R. Marcos, Jr. on Wednesday said inflation remains a major concern for his government. “It remains unfortunately our greatest problem that is brought by forces that we cannot control,” Mr. Marcos said at an annual Independence Day reception for diplomats at the Presidential Palace. Headline inflation hit…
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Inflation picks up to 6-month high
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By Luisa Maria Jacinta C. Jocson, Reporter INFLATION ACCELERATED to a six-month high in May, driven by the faster rise in utility and transport costs, the Philippine Statistics Authority (PSA) said on Wednesday. The consumer price index (CPI) picked up to 3.9% year on year in May from 3.8% in…
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May inflation likely hit 4% — poll
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HEADLINE INFLATION likely quickened for a fourth straight month in May, mainly due to a spike in electricity costs, analysts said.
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Peso’s prolonged weakness could stoke inflation — analysts
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THE PROLONGED weakness of the Philippine peso could potentially fan inflation, but the central bank does not need to intervene unless the currency significantly drops, analysts said.