MANILA, Philippines – After easing to its lowest level in 29 months, the Bangko Sentral ng Pilipinas (BSP) sees inflation rising due to soaring oil prices, higher food prices, and the continued weakening of the peso against the US dollar. Read the rest of this entry »
BSP sees inflation rising
March 24, 2012
Nomura says Phl inflation may hit 5.8%
March 5, 2012
MANILA, Philippines – Nomura Securities Co. of Japan warned that inflation in the Philippines could kick up to as high as 5.8 percent this year.
In a study, Nomura economist Euben Paracuelles said that the Philippines is one of the most vulnerable countries in the region to higher oil prices as it is importing nearly all of its oil requirements. Read the rest of this entry »
Neda expects inflation rate to meet 2012 goal
February 13, 2012
Following the drop in inflation rate to 3.9 percent last month, the National Economic and Development Authority (Neda) expects commodities price level to settle within the Philippine Development Plan 2011 to 2016 target of three to five percent for 2012, using the 2000-based Consumer Price Index (CPI) series. Read the rest of this entry »
Inflation at 13-month low
February 8, 2012
Inflation eased to a 13-month low in January on slower increases in food prices and transport costs, bolstering market expectations the Bangko Sentral will reduce its key rates further to boost the economy. Read the rest of this entry »
Private economists slash inflation forecast
February 6, 2012
MANILA, Philippines – Private economists further slashed their inflation forecast for the Philippines this year and next on the back of fragile global economic growth due to weaker than expected expansion in advanced economies led by the US and Europe, a survey conducted by the Bangko Sentral ng Pilipinas (BSP) showed. Read the rest of this entry »
December inflation fell to 11-month low of 4.2%
January 6, 2012
Inflation rate in December decelerated to an 11-month low of 4.2 percent from 4.8 percent in November as increases in food prices and utility rates slowed, the National Statistics Office said Thursday. Read the rest of this entry »
Inflation moderates in Nov to 4.7% — gov’t
December 7, 2011
The inflation rate grew a slower 4.7 percent in November from 5.3 percent in October, based on government data released yesterday. Read the rest of this entry »
Inflation to remain stable until 2013—BSP
November 26, 2011
Inflation rate in November likely settled within a range of 4.5 percent to 5.4 percent, according to the estimate of the Bangko Sentral. Read the rest of this entry »
Economists cut inflation forecast to 4.5%
November 8, 2011
MANILA, Philippines – Economists further slashed their inflation forecast for the Philippines this year on the back of fragile global economic growth due to weaker than expected expansion in advanced economies led by the US and the debt crisis in Europe, a survey conducted by the Bangko Sentral ng Pilipinas (BSP) showed. Read the rest of this entry »
Private economists issue mixed inflation forecasts for 2011, 2012
November 8, 2011
PRIVATE sector economists have mixed inflation trends for 2011 and next year, but are still within the target ranges of the government for both years, a survey conducted by the Bangko Sentral ng Pilipinas showed. Read the rest of this entry »
