Page 2 - Patrick Ella News Today

INFLATION will likely move closer to falling back within target in July due to base effects and lower energy prices, analysts polled by The Manila Times said.

INFLATION probably moderated for a fifth straight month in June following price drops for food and fuel items, economists told The Manila Times.

PHILIPPINE monetary authorities are expected to keep key interest rates steady this Thursday, June 22, in view of an ongoing inflation slowdown.

Inflation in the Philippines likely sizzled and jumped above the upper end of central bank Bangko Sentral ng Pilipinas’ (BSP) two-to-four per cent target range of manageable price hikes last month.

(As released) The country performed better than expected in 2021. The national income accounts (NIA) show that the economy grew by 7.7%, higher than the median outlook of 6.5%.

The Philippine economy likely grew by above five per cent in 2021, signifying a rebound starting last year after it suffered from its worst post-war recession due to the most stringent lockdowns that shed millions of jobs and shuttered thousands of business in 2020.

The Department of Finance (DOF) said that most private sector institutions have overshot their September inflation forecasts, noting that analysts appeared to have expected the worst last month. In a statement, the DOF said on Monday, Oct. 11, that analysts from the private sector had a median i

MANILA - Most private sector institutions have overshot their September 2021 inflation forecasts, with their median projection at 5 percent, or higher than the actual headline inflation rate of 4.8 percent for the period. Based on a newspaper poll, the Department of Finance (DOF) said only John Paolo Rivera of the Asian Institute of Management (AIM), and Emmanuel Lopez of the Colegio de San Juan de Letran, projected a lower rate of 4.5 percent and 4.7 percent, respectively, while 15 others place...

Current above-target environment is only ‘transitory’