inflation
ARTICLE FINDER

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

Inflation in June slowest in 5 months

Jul 05, 2017 - 6:25 PM

The National Economic and Development Authority projects a moderate inflation rate for the rest of 2017 thanks to lower fuel prices

LOW. PSA reports significantly slower year-on-year increase in domestic petrol prices in June, particularly unleaded gasoline (5.1% from 9.9%), diesel (5.3% from 13.6%), and kerosene (3% from 9.6%). Rappler file photo

BSP maintains interest rates in Tetangco's final Monetary Board meeting

Jun 22, 2017 - 6:20 PM

While global economic conditions remain challenging outgoing BSP Governor Amando Tetangco Jr says prospects for domestic economic activity continue to be firm

RATES KEPT. BSP Governor Amando Tetangco Jr says the central bank is keeping the overnight borrowing rate at 3%. Screenshot from BSP YouTube page

Inflation eases to 4-month low in May

Jun 06, 2017 - 3:15 PM

A 3 1 inflation rate is recorded in May – the lowest since the consumer price index averaged 2 7 last January

LOWER. A customer buys garlic at a market in Manila on August 5, 2014. Philippine inflation eases to 4-month low in May this year. Photo by AFP

BSP sees slightly lower inflation in May

May 27, 2017 - 9:00 AM

The Bangko Sentral ng Pilipinas attributes this to lower oil prices and electricity rates

OFFSET. On the other hand, Tetangco says higher rice prices could partly offset the impact of declining oil prices and cheaper power rates. Rappler file photo

U.S. Fed: New rate hike likely coming 'soon'

May 25, 2017 - 10:35 AM

Most analysts expect two more rate increases this year likely in June and in September but there are now doubts over that schedule

RATE HIKE. Federal Reserve Board Chair Janet Yellen holds a news conference after the central bank announced an increase in the benchmark interest rate following a Federal Open Market Committee meeting on December 14, 2016 in Washington, DC. File photo by Chip Somodevilla/Getty Images/AFP

#ThewRap: Things you need to know, May 12, 2017

May 12, 2017 - 11:00 AM

Hello Here are the stories you shouldn t miss this Friday

BSP maintains policy rates, inflation forecast

May 11, 2017 - 11:25 PM

There is only one more policy meeting left before Bangko Sentral ng Pilipinas Governor Amando Tetangco Jr hands over the reins to his successor

RATE KEPT. BSP Governor Amando Tetangco Jr says the central bank is keeping the overnight borrowing rate at 3%. Screenshot from BSP YouTube page

Espenilla promises continuity, more financial innovation at BSP

May 09, 2017 - 9:10 PM

The new governor of the Bangko Sentral ng Pilipinas outlines his plans to maintain the country s monetary stance as well as expand the debt market and digital payments

Bangko Sentral ng Pilipinas New Governor Nestor Espenilla speaks with the members of media during press briefing at BSP Complex in Manila. Photo by Inoue Jaena/Rappler

Who is new BSP governor Nestor Espenilla?

May 08, 2017 - 8:35 PM

President Rodrigo Duterte picks technocrat Nestor Espenilla Jr as the new Philippine central bank chief replacing world acclaimed Amando Tetangco Jr

Presidential Spokesperson Ernesto Abella looks on as Finance Secretary Carlos Dominguez III congratulates newly-appointed Bangko Sentral ng Pilipinas (BSP) Governor at Malacañan Palace on May 8, 2017. RICHARD MADELO/PRESIDENTIAL PHOTO

Inflation remains steady in April

May 05, 2017 - 6:09 PM

Inflation remains unchanged at 3 4 in April bringing the average inflation in the first 4 months of the year to 3 2

UNCHANGED. A street vendor counts Philippine peso currency in Manila on September 13, 2012. Photo by Jay Directo/AFP

Criminality top concern of middle, upper classes – survey

Apr 10, 2017 - 3:37 PM

The Duterte government is seen as falling short in job creation workers wages reducing poverty and controlling inflation Pulse Asia notes

#ThewRap: Things you need to know, April 6, 2017

Apr 06, 2017 - 10:42 AM

Hello Here s a roundup of news you need to know this Thursday

Inflation rises to 3.4% in March

Apr 05, 2017 - 6:35 PM

The continuing rise is driven by higher prices for gas electricity rice and meat

Will tax reform really hurt the poor?

Apr 01, 2017 - 9:30 AM

With the vast popularity of the President there’s no politically better time to push for a contentious tax reform bill

Inflation to rise until Q3 of 2017 – BSP

Mar 28, 2017 - 10:52 PM

Despite global risks iinflation remains manageable and will fall within the target range by yearend says outgoing BSP chief Amando Tetangco Jr

BSP keeps policy stance, cuts inflation forecast

Mar 23, 2017 - 9:15 PM

The Bangko Sentral ng Pilipinas lowers its inflation outlook for 2017 and 2018 to 3 4 and 3 respectively

WIDELY EXPECTED. Bangko Sentral ng Pilipinas Governor Amando Tetangco Jr says the US Federal Reserve rate hike is widely expected and already priced in. Screenshot from BSP Youtube page

U.S. Fed raises benchmark interest rate a quarter point

Mar 16, 2017 - 7:55 AM

But US Federal Reserve Chair Janet Yellen says they have yet to discuss the potential impact of US President Donald Trump s planned tax cuts and infrastructure spending

WASHINGTON, DC - MARCH 15: Federal Reserve Board Chairwoman Janet Yellen holds a news conference following a meeting of the Federal Open Market Committee March 15, 2017 in Washington, DC. Yellen announced that the Fed raised its benchmark interest rate for the third time since the 2009 global financial crisis, earlier than markets anticipated at the beginning of this year. Chip Somodevilla/Getty Images/AFP

Inflation hits over 2-year high of 3.3% in February

Mar 07, 2017 - 2:20 PM

February 2017 s inflation level is the highest since November 2014 but the Bangko Sentral ng Pilipinas says the figure still falls within its target range

A poultry vendor examines chickens at a public market in Manila, 08 June 2005, amid reports of a bird flu outbreak. The Philippines on Friday confirmed the country's first case of bird flu in an isolated farm outside of Manila, but said the risk to human health was next to zero. AFP PHOTO / AFP PHOTO / STR

Senate revamp, death penalty, 2017 Oscars | Evening wRap

Feb 27, 2017 - 9:48 PM

Watch the evening newscast with Ana Arceo

Inflation hits 2.7% in January

Feb 07, 2017 - 3:05 PM

Prices rise at a faster rate than at any point last year due to increases in oil transport housing and utilities according to NEDA

Inflation seen at 2.3%-3.2% in January – BSP

Jan 26, 2017 - 2:35 PM

Higher domestic prices of fuel as well as excise tax adjustments for alcoholic beverages and tobacco products would likely affect prices of basic goods and services

UPSIDE PRESSURES. Higher domestic prices of gasoline, diesel and LPG as well as the excise tax adjustments for alcoholic beverages and tobacco products would likely exert upside price pressures

Gov't downplays low rating on controlling inflation

Jan 14, 2017 - 7:45 PM

It s not something that we can unilaterally control Presidential Spokesman Ernesto Abella says of inflation

COMMUNICATIONS TEAM. Presidential Spokesman Ernesto Abella (2nd from right) and Communications Secretary Martin Andanar (1st from right) chat during a government roadshow at Royal Mandaya Hotel in Davao City on January 14, 2017. Photo by Ace Morandante/Presidential Photo

SSS pension hike, 2017 inflation, Dana White | Evening wRap

Jan 10, 2017 - 7:56 PM

Watch Rappler s evening newscast with Mara Cepeda

NEDA: Higher inflation in 2017 likely to hurt consumer spending

Jan 10, 2017 - 1:45 PM

But the National Economic and Development Authority NEDA says it will not have a significant impact on the country s economic growth this year

BUYING POWER. Expect increase of prices of basic goods and services to be much faster this year than in 2016. Photo by Agence France-Presse

DOF expects inflation to pick up in near term

Jan 08, 2017 - 10:20 PM

But for the rest of 2017 the DOF expects the rate of increase in consumer prices to remain favorable after inflation dipped to its lowest level in almost 3 decades in 2016

MANAGEABLE. DOF expects the rate of increase in consumer prices to remain favorable after inflation dipped to its lowest level in almost 3 decades in 2016. Rappler file photo

Inflation settles at 1.8% for 2016

Jan 05, 2017 - 1:45 PM

Inflation peaks at 2 6 in December leading full year inflation to settle below the government s target of between 2 and 4

Citing Trump 'uncertainty,' Fed says faster rate hikes possible

Jan 05, 2017 - 1:05 PM

US President elect Donald Trump s pledge to slash taxes and ramp up infrastructure spending could boost demand above sustainable levels

WASHINGTON, DC - DECEMBER 14: Federal Reserve Board Chair Janet Yellen holds a news conference after the central bank announced an increase in the benchmark interest rate following a Federal Open Market Committee meeting December 14, 2016 in Washington, DC. With unemployment low and concern over inflation on the rise, the central bank decided to raise the federal interest rate by a quarter of a percentage point, moving from 0.25-0.50 percent to a range of 0.50 and 0.75 percent. Chip Somodevilla/Getty Images/AFP

UBS sees slower growth, weaker peso for 2017, 2018

Dec 28, 2016 - 8:14 PM

The global financial giant forecasts economic growth to slow to 5 6 next year and 6 0 in 2018 with the peso hitting 51 to the dollar next year and falling further to 55 in 2018

How did the PH economy perform in 2016?

Dec 26, 2016 - 11:12 AM

Too many game changing events happened in 2016

BSP maintains monetary policy, inflation targets

Dec 22, 2016 - 8:25 PM

The Bangko Sentral ng Pilipinas keeps the inflation target for 2017 and 2018 at 3

RATE KEPT. BSP Governor Amando Tetangco Jr says the central bank is keeping the overnight borrowing rate at 3%. Screenshot from BSP YouTube page

Inflation rises to 2.5% in November

Dec 06, 2016 - 10:20 PM

The increase means the country s inflation rate is at its highest level since February 2015

DOF expects October inflation at 2.5%

Oct 28, 2016 - 12:54 PM

Benign inflation will continue to support economic growth and steel the economy from external volatilities DOF Undersecretary Gil Beltran says

WITHIN RANGE. The expected uptick would peg the 10-month inflation rate at 1.6%, which is still below the Development Budget Coordination Committee (DBCC)'s target range of 2% to 4% in 2016. Photo by Agence France-Presse

BSP downplays impact of typhoons on inflation

Oct 21, 2016 - 5:35 PM

The central bank says it has taken measures to avert any sharp increase in the price of basic commodities particularly rice

DOWNPLAYS. The central bank downplays the impact of Super Typhoons Karen and Lawin - which battered Northern Luzon over the past two weeks - on inflation. Rice photo by AFP

Inflation rises to 2.3% in September

Oct 05, 2016 - 6:06 PM

The September figure – the highest recorded for the year so far – is still within the central bank s forecast of 1 6 to 2 4

US Federal Reserve keeps key interest rate on hold

Sep 22, 2016 - 11:10 PM

Fed Chair Janet Yellen denies that politics is a factor in the decision making of the Federal Open Market Committee

Federal Reserve Chair Janet Yellen speaks during a press conference following the announcement that the Fed will leave rates unchanged, in Washington, DC, September 21, 2016. The Federal Reserve kept its benchmark interest rate unchanged for the sixth straight meeting Wednesday, saying it needs to see more signs of strength in the US economy. / AFP PHOTO / SAUL LOEB

Inflation slows to 1.8% in August on lower food prices

Sep 07, 2016 - 3:15 PM

The relatively low and manageable inflation environment is expected to continue for the rest of the year says NEDA

A customer buy garlic at a market in Manila on August 5, 2014. Philippine inflation shot up to a nearly three-year high of 4.9 percent in July, the government said, when many Filipinos were priced out of food items such as garlic. AFP PHOTO / Jay DIRECTO / AFP PHOTO / JAY DIRECTO

PH business confidence in Q3 hits record high despite dip from Q2

Aug 27, 2016 - 4:22 PM

Despite the dip from the previous quarter the confidence index for the third quarter is the highest ever recorded and is expected to rebound by end of the year according to the latest BSP Business Expectations Survey

Divided Fed wanted to keep rate 'options open'

Aug 18, 2016 - 11:25 PM

Minutes of the US Federal Reserve s July meeting show inflation is foremost on policy makers minds

(FILES) This file photo taken on August 9, 2011 shows the US Federal Reserve building in Washington, DC.  US Federal Reserve policy makers last month believed risks to the US economy had lessened but wanted to keep their interest rate policy "options open", according to minutes released August 17, 2016. / AFP PHOTO / KAREN BLEIER

Duterte vs De Lima, PH economy, Olympics | 6PM wRap

Aug 18, 2016 - 7:42 PM

Watch the 6PM wRap with Maria Ressa

Philippines GDP grows 7% in Q2 2016

Aug 18, 2016 - 10:10 AM

5th UPDATE Among the major Asian emerging economies the Philippines likely remains the fastest or second fastest growing economy in Q2 2016 followed by China says Socioeconomic Planning Secretary Ernesto Pernia

Philippines maintains monetary policy; cuts inflation forecasts

Aug 11, 2016 - 8:45 PM

The BSP trims inflation forecasts for this year and the next to 1 8 from 2 and to 2 9 from 3 1 respectively

RATE KEPT. BSP Governor Amando Tetango says the central bank is keeping the overnight borrowing rate at 3%. Screenshot from BSP YouTube page

Inflation 'steady' at 1.9% in July – NEDA

Aug 05, 2016 - 3:28 PM

‘The steady inflation in July is due to slower increases in food prices which offset higher electricity charges ’ says Socioeconomic Planning Secretary Ernesto Pernia

Quimbo wants to lower corporate income tax to 25%

Aug 04, 2016 - 11:46 AM

Deputy Speaker Miro Quimbo also authors a measure seeking to adjust individual income tax to inflation

LOWER TAXES. Deputy House Speaker Miro Quimbo files bills seeking to lower personal income and corporate taxes. Photo by Mara Cepeda/Rappler

Fed leaves rates unchanged but says US economy improving

Jul 28, 2016 - 5:00 PM

There s still the possibility of an increase in the benchmark federal funds rate by December

NEW YORK, NY - JULY 27: American flags are displayed outside the New York Stock Exchange (NYSE) during the evening of July 27, 2016 in New York City. The dollar fell Wednesday as the U.S. Federal Reserve's latest policy statement caused investors to reassess expectations for interest rate increases in the coming months. Kena Betancur/Getty Images/AFP

US economy still tracking 'modest' growth – Fed report

Jul 14, 2016 - 6:00 PM

The outlook was generally positive across broad segments of the economy including retail sales manufacturing and real estate says the US Federal Reserve

epa05344762 US Federal Reserve Chair Janet Yellen (C) attends an open meeting of the Board of Governors of the Federal Reserve System, with Vice Chair Stanley Fischer (L) and Federal Reserve Governor Daniel Tarullo (R); at the Marriner S. Eccles Federal Reserve Board Building, in Washington, DC, USA, 03 June 2016. EPA/MICHAEL REYNOLDS

IMF retains PH growth outlook for 2016 despite global headwinds

Jul 12, 2016 - 9:45 PM

The Philippines is seen to survive the twin threats of the Brexit fallout and an impending interest rate hike by the US Fed