Philippines inflation - updates

Rappler's latest stories on Philippines inflation

ARTICLE FINDER

Bangko Sentral keeps interest rates steady, cuts inflation forecasts

Jun 20, 2019 - 5:50 PM

The Bangko Sentral ng Pilipinas maintains monetary policy settings 'for the time being' as it expects lower inflation in 2019 and 2020

RATES STEADY. Bangko Sentral ng Pilipinas Governor Benjamin Diokno holds a press briefing on June 20, 2019. Screenshot from BSP video

[ANALYSIS] Duterte a ‘competent’ economic manager? Not so fast

May 09, 2019 - 12:34 PM

To thank Duterte for his 'political will and decisive action' on inflation is like thanking an arsonist for putting out a fire he created in the first place

Feeling the inflation pinch, Filipinos hold back on spending

Feb 04, 2019 - 1:32 PM

TheNerve’s survey results show Filipinos feeling financially worse off in 2018

Inflation was a big story, but many had no idea what it meant

Jan 21, 2019 - 5:37 PM

Try out our inflation calculator to finally understand the jargon and how it affects you

Inflation rate slows down to 5.1% in December | Midday wRap

Jan 04, 2019 - 1:00 PM

Watch the midday wRap with Ralf Rivas

PANOORIN: Ano ang magagawa ng gobyerno laban sa inflation?

Dec 08, 2018 - 12:06 PM

Watch this explainer on how the government could bring down inflation

PANOORIN: Ano ang katotohanan sa inflation?

Nov 23, 2018 - 4:53 PM

Paano nga ba sinusukat ng gobyerno ang inflation? Gaano kalala ang sitwasyon ngayon, at ano ang mga salik o factor sa likod nito?

Diokno: 'Let's not push for higher wages' amid high inflation

Oct 03, 2018 - 1:12 PM

Budget Secretary Benjamin Diokno sees inflation as a 'transitory' event, and not necessarily a good basis to adjust wages

INCREASE WAGES. A protester holds a placard calling for a national minimum wage. Photo by Eloisa Lopez/Rappler

[OPINION] Food for thought: Hungry for change

Oct 03, 2018 - 9:33 AM

Please, before we say that we should not politicize food, consider this fact: literally everything we put in our mouths is political, and we haven't even started talking about sex

Bangko Sentral hikes interest rates for 4th time, raises inflation forecasts

Sep 27, 2018 - 5:00 PM

The Bangko Sentral ng Pilipinas hikes interest rates by 50 basis points. It also raises its inflation forecasts for 2018 and 2019.

ADB cuts Philippine growth forecast, expects inflation to hit harder

Sep 26, 2018 - 12:05 PM

The Asian Development Bank says it revised its outlook due to the weak agriculture sector, high inflation, and continued global monetary tightening

Duterte wants ancient barter trade to tame inflation

Sep 11, 2018 - 5:35 PM

Barter trade is one of the most ancient economic activities, where goods are exchanged without the use of cash

RICE WOES. President Rodrigo Duterte wants to revive barter trade with Sabah to bring rice prices down. Photo by Jire Carreon/Rappler


Duterte: We're trying to control inflation

Sep 07, 2018 - 10:12 PM

President Rodrigo Duterte blames US President Donald Trump's trade war with China for inflation back home

President Rodrigo Roa Duterte disembarks from the plane upon arriving at the Queen Alia International Airport in Amman, Jordan on September 5, 2018. KING RODRIGUEZ/PRESIDENTIAL PHOTO

[ANALYSIS] Why is Philippine inflation now the highest in ASEAN?

Sep 06, 2018 - 9:35 AM

Inflation expectations matter because they change how people behave. It’s in government’s interest to manage these expectations from time to time.

Lacson to Duterte: Enough of drug war, focus on economy

Sep 03, 2018 - 1:15 PM

'Ang hinaharap mas malaking problema – economy.... Ang kalampagin naman niya economic managers,' says Senator Panfilo Lacson

Consumers look for a cheaper goods at the Market in Quezon City on Wednesday. August 22, 2018. Photo by Darren Langit/Rappler

Senators slam agencies over high inflation

Aug 16, 2018 - 9:55 PM

Senator Sherwin Gatchalian says they have to assess how the implementation of the tax reform law should proceed in 2019, given the 'slow' pace of measures to help the poor

INFLATION. Senator Sherwin Gatchalian during the Senate hearing on the TRAIN Law on August 16, 2018. Photo by Angie de Silva/Rappler


Rappler Talk: Making sense of the Philippine economy

Aug 10, 2018 - 3:08 PM

Rappler talks to AJ Montesa of the Action for Economic Reforms and Rappler columnist JC Punongbayan to understand the latest economic data

Government should worry about sky-high inflation – economists

Aug 07, 2018 - 5:25 PM

(UPDATED) Economists point to government agencies' inability to coordinate well as one of the main reasons why inflation accelerated further in July

INFLATION. Prices of basic goods rose in July. Photo by Jire Carreon

Rice imports fail to tame inflation in July 2018

Aug 07, 2018 - 1:30 PM

(UPDATED) The Philippine Statistics Authority says rice inflation rose to 5% in July. The average price of regular milled rice is over P41 per kilo.

RICE TARIFFS. Farmers and advocacy groups  say rice tariffication will not solve the country's rice problems. File photo by Maria Tan/Rappler

Inflation hits another fresh high of 5.7% in July 2018

Aug 07, 2018 - 9:05 AM

(UPDATED) This is mainly due to prices of food and non-alcoholic beverages, which keep rising

INFLATION. Prices of food and basic commodities soar in July. Photo by Jire Carreon

Bangko Sentral projects July 2018 inflation to jump as high as 5.8%

Jul 31, 2018 - 3:30 PM

Economists of the Bangko Sentral ng Pilipinas attribute the expected spike to increases in electricity and water rates, jeepney fares, and prices of agricultural goods

[OPINION] To beat inflation, we can’t just fudge the numbers

Jul 19, 2018 - 3:16 PM

We should protect the integrity of official statistics at all costs. In this tempestuous era of disinformation and uncertainty, they are our most steady anchors.

DOF criticized for 'misleading' inflation graph

Jun 10, 2018 - 7:50 PM

Ex-Department of Finance undersecretary Sunny Sevilla says he is 'dumbfounded' by his former agency's 'tone-deaf, misleading economic commentary'

Consumer confidence improves in Q2 2018

Jun 10, 2018 - 12:40 PM

The Bangko Sentral ng Pilipinas attributes this to optimism on income and jobs, among others, though consumers still think prices of goods will rise further

This photo taken on April 11, 2018, shows vegetable vendors dealing with customers at an overpass in Manila. The Asian Development Bank lifted its outlook for growth in developing Asia this year thanks to a pick-up in the global export demand but it warned of risks from a potential China-US trade war. / AFP PHOTO / NOEL CELIS

[OPINION] The real score about NEDA’s P10,000 budget ‘challenge’

Jun 08, 2018 - 11:00 AM

Journalists should be more careful in reporting economic statistics. Government staff must also adopt better PR strategies and avoid overanalyzing stuff: the simpler the analysis, the less prone it is to misinterpretation.

FACT CHECK: NEDA didn't say family of 5 can live decently on P10,000 a month

Jun 06, 2018 - 5:31 PM

The National Economic and Development Authority says what it showed during the press briefing was 'how a hypothetical monthly budget of P10,000 will be affected by a 4.6% inflation rate'

[OPINION] Higher inflation: Is TRAIN to blame? (Part 2)

Jun 03, 2018 - 8:00 AM

Higher inflation, coupled with the forthcoming 2019 midterm election, has suddenly turned TRAIN into a political hot potato

Rising prices, weaker peso slightly hurt business confidence in Q2 2018

May 31, 2018 - 6:30 PM

The Bangko Sentral ng Pilipinas says businesses' overall confidence index was at 39.3% for the 2nd quarter of 2018, a slight decline from the 39.5% for the 1st quarter

Philippine inflation rises to 4.5% in April 2018

May 04, 2018 - 10:15 AM

Inflation reaches another 5-year high amid price increases for alcoholic beverages and tobacco; transport; as well as housing, water, electricity, gas, and other fuels

Rising gas, food prices seen to push PH inflation faster

May 03, 2018 - 12:24 PM

The movement of prices of basic goods and services is seen to be faster in April

HIGHER PRICES. Higher price increases are noted for rice, corn, fish, fruits, and vegetables in March 2018. File photo by Noel Celis/AFP

Most Filipinos worry about workers' pay, inflation – Pulse Asia

Apr 24, 2018 - 10:22 AM

While urgent concerns are mostly economic in nature, levels of concern about fighting corruption and enforcing the rule of law drop between December 2017 and March 2018

#ThewRap: Things you need to know, April 20, 2018

Apr 20, 2018 - 11:30 AM

Here are the stories you shouldn't miss this Friday

NIGHT NO MORE. PNP bans Oplan Tokhang from being conducted at night. File photo by LeAnne Jazul/Rappler

Philippine inflation rate averages 3.8% for Q1 2018

Apr 20, 2018 - 10:40 AM

(3rd UPDATE) Inflation hits its highest quarterly average since 2014 as the tax reform law, higher oil prices, a weaker peso, and the tightening of US monetary policy take their toll

Philippine inflation continues to rise at 4.3% in March

Apr 05, 2018 - 12:27 PM

(UPDATED) Higher price increases are noted in rice, corn, fish, fruits, and vegetables, according to data from the Philippine Statistics Authority

INFLATION. The Philippines' inflation rate accelerates to 3.5% in October 2017. File photo by Jay Directo/AFP

Inflation concerns weaken consumer sentiment in Q1 2018

Mar 26, 2018 - 9:00 PM

The Bangko Sentral ng Pilipinas says the overall confidence index dropped to 1.7% in the 1st quarter of 2018 from 9.5% in the 4th quarter of 2017, as consumers fear higher prices and low income

#ThewRap: Things you need to know, March 6, 2018

Mar 06, 2018 - 11:18 AM

Hello! Here are the stories you shouldn’t miss this Tuesday

A person watches northern lights (Aurora borealis) on March 3, 2018 in Unstad, in the arctic circle in northern Norway. / AFP PHOTO / Olivier MORIN

DOF expects February inflation to exceed projections

Mar 05, 2018 - 7:45 PM

The Department of Finance attributes this to the higher prices of sin products such as cigarettes and alcoholic beverages

SIN PRODUCTS. A visit to Puregold supermarket on January 8, 2018 shows that a pack of Marlboro Black 20s is more expensive at P87.50, from last year's P68. Photo by Chrisee Dela Paz/Rappler

Inflation seen to continue hitting poor Filipinos hard

Mar 05, 2018 - 10:21 AM

Dennis Mapa, dean of the UP Diliman School of Statistics, also says the P200 monthly subsidy for poor Filipino households is not enough to offset the impact of the tax reform law

A vendor sells vegetables at a market near an informal settlers area in Manila on February 16, 2011. Rising food prices have pushed about 44 million people into poverty in developing countries since last June, the World Bank warned February 15. AFP PHOTO/TED ALJIBE / AFP PHOTO / TED ALJIBE

BSP maintains interest rates, raises inflation forecast for 2018, 2019

Feb 08, 2018 - 8:35 PM

The Bangko Sentral ng Pilipinas sees inflation hitting 4.3% in 2018, and 3.5% in 2019

[OPINION] Triple whammy: Why are prices rising so fast?

Feb 07, 2018 - 6:05 PM

We haven’t yet seen the full effects of TRAIN’s new taxes. Instead, what we saw in January was likely a combination of profiteering, higher world oil prices, and the peso’s depreciation

Inflation hits 3-year high of 4% in January

Feb 06, 2018 - 2:50 PM

The government attributes the increase partly to the tax reform law, which took effect in January

ING Bank expects another 1% rise in 2018 inflation amid tax reform

Jan 09, 2018 - 7:00 PM

The movement of prices of basic goods and services in the Philippines is seen to move faster this year than last year, due to the newly-implemented tax reform package

PRICES OF GOODS. Philippine inflation remains steady at 3.3% in December last year, similar with that of November 2017. Stock photo

Inflation slows to 3.3% in November amid lower food prices

Dec 05, 2017 - 4:25 PM

A slowdown is seen in November after 4 straight months of rising prices

Higher fuel, food prices push PH inflation in October to 3-year high

Nov 07, 2017 - 3:26 PM

The Philippine inflation rate of 3.5% in October 2017 is the highest since November 2014, when it registered 3.7%

A costumer buys vegetables at a market in Manila on January 4, 2013. The Philippines' inflation rate fell to a five-year low last year, the government said Friday, helping efforts to hold down interest rates and boost economic growth. Consumer prices expanded by 3.2 percent for the entire 2012, substantially lower than the 4.6 percent recorded in 2011, the National Statistics Office said. AFP PHOTO / JAY DIRECTO / AFP PHOTO / JAY DIRECTO

Rising food prices push PH inflation higher in September

Oct 05, 2017 - 1:45 PM

(UPDATED) Faster price increases are recorded for corn, fish, and vegetables, among others, based on data from the Philippine Statistics Authority

BSP leaves Philippine interest rates unchanged again

Sep 21, 2017 - 9:46 PM

The Bangko Sentral ng Pilipinas believes the prevailing monetary policy settings remain appropriate

STAY VIGILANT. 'While prospects for global economic growth have stayed broadly upbeat, geopolitical tensions and lingering uncertainty over macroeconomic policies in advanced economies continue to pose downside risks to external demand,' BSP Governor Nestor Espenilla Jr says. Photo by Inoue Jaena/Rappler

Inflation rises to 3.1% in August

Sep 05, 2017 - 5:40 PM

The National Economic and Development Authority attributes the increase to higher prices of food transportation water electricity and gas

BSP seen to hike interest rates until 2018 – BMI Research

Aug 15, 2017 - 5:30 PM

This is because the global research firm expects Philippine inflation to hit the higher end of the 2017 target

IMF cuts 2017, 2018 Philippine GDP forecasts

Aug 09, 2017 - 2:25 PM

The multilateral lender cuts its Philippine economic growth forecast to 6 6 for 2017 and 6 8 for 2018 but remains optimistic about the country s economy

REMAINS OPTIMISTIC. Despite a downgrade in forecasts, International Monetary Fund says it is still 'very optimistic about growth in the Philippines.' Rappler file photo

Philippine inflation in July edges up

Aug 04, 2017 - 6:15 PM

BSP Governor Nestor Espenilla Jr says the central bank continues to see a manageable inflation outlook over the policy horizon

WITHIN TARGET. The July 2017 inflation remains below the midpoint of the 2% to 4% target set by the Bangko Sentral ng Pilipinas (BSP). Rappler image