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Inflation quickens to 3.8% on costly food | Andrea E. San Juan and Reine Juvierre Alberto businessmirror.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessmirror.com.ph Daily Mail and Mail on Sunday newspapers.
THE Bangko Sentral ng Pilipinas (BSP) projects that inflation may have risen further due not only to higher rice and oil prices, but also the recent depreciation of the Philippine peso. In its Month-Ahead inflation forecast, BSP said inflation may have settled within the 3.5 to 4.3 percent range in… ....
GEOPOLITICAL risks would make it more difficult for oil-dependent countries like the Philippines to tame inflation, which could accelerate to double digits if oil prices jump to unprecedented levels, according to local economists. On Wednesday, Bloomberg reported that oil traders piled into more than 3 million barrels worth of options… ....
THE recent increase in inflation is expected to continue in March 2024 as rice and meat prices remained elevated, according to the Bangko Sentral ng Pilipinas (BSP). In its latest inflation outlook, BSP said inflation could settle within the range of 3.4 to 4.2 percent in March 2024. The BSP’s… ....
Commodity prices slowed to 2.8 percent in January, according to the latest inflation print released by the Philippine Statistics Authority (PSA). The inflation was the slowest since October 2020 when inflation averaged at 2.3 percent. Inflation in December 2023 was at 3.9 percent and 8.7 percent in January 2023. The… ....