Remittances climb in April despite headwinds
Money sent home by overseas Filipinos to their families rose in April, despite recession concerns plaguing developed economies.
Source: philstar.com
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Inflation eases again in May, bolstering case for rate hike pause: Philippines
The central bank hopes inflation will hit its 2-4% target in 2023
Source: zawya.com
Philippine dollar reserves inch down in May
Data provided by Bangko Sentral ng Pilipinas on Wednesday showed that gross international reserves inched down 0.49% month-on-month to $101.3 billion as of end-May.
Source: philstar.com
Inflation eases again in May, bolstering case for rate hike pause
Consumer price growth softened in May as the domestic economy swallowed the Bangko Sentral ng Pilipinas’ aggressive rate hikes.
Source: philstar.com
BSP slams brakes on rate hikes as inflation slows in Philippines
The Monetary Board also noted that while GDP growth has remained robust in the first quarter of 2023, demand indicators have also pointed to a potential moderation in the recent months
Source: zawya.com