Philippines seen returning to dollar deficit as expensive oil bloats imports
The Philippines is bound to witness more dollar outflows this year as high oil prices weigh heavily on the country’s import bill.
Source: philstar.com
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Bank lending grows in January as borrowing costs stay low
Bank lending started the year on a high note as it continued its nascent climb.
Source: philstar.com
Unemployment eases in 2021 but still lags behind pre-pandemic levels
The country's unemployment situation fared better in 2021 compared to the height of the pandemic in 2020.
Source: philstar.com
Philippine factories cap 2021 with sustained 9-month run of output growth
This was the ninth straight month that factory output grew.
Source: philstar.com
Rebasing tempers January inflation to over 2-year low
Analysts attributes the subdued reading to rebasing of consumer price index (CPI) used to measure inflation.
Source: philstar.com