(MANILA BULLETIN) Albay 2nd district Rep. Joey Salceda has placed a spotlight on the access and supply of rice after overall inflation in the country eased forthe month of November. According to the Philippine Statistics Authority (PSA), the inflation...
House Speaker Martin Romualdez (Facebook) This coming new year will be "brighter and more prosperous", according to House Speaker Martin Romualdez. At least that's how he feels after looking at the country’s inflation rate for November, which slowed...
The cost of rice in the country went up despite the inflation rate easing to 4.1 percent, the lowest reading in 20 months since March a year ago. The inflation record during the month was significantly lower than the 8 percent in the same period last year, and 4.9 percent in October 2023....
Factory gate prices posted an annual decrease of 0.3 percent in October this year, the Philippine Statistics Authority (PSA) reported Wednesday, Nov. 29. This was a reversal of the 7.3 percent of the producer price index (PPI) growth recorded in the same month a year earlier and slightly faster...
The Philippines' employment situation is "very bright," a Cabinet official said. (Photo courtesy of PCO) Finance Secretary Benjamin Diokno said Filipinos are in a better position to weather inflation citing the lower unemployment rate in the country, which he labeled as very bright. “Iyong...
Short-term benchmark interest rates sharply dropped anew, now below the local policy rate of 6.50 percent. At the Bureau of the Treasury auction on Tuesday, Nov. 28, the national government fully awarded its P10 billion offering. Total demand reached P72.215 billion, more than seven times higher...
Growth in the bulk prices of general goods slowed in September this year as food price growth eased, the Philippine Statistics Authority (PSA) reported. Based on the PSA data, the General Wholesale Price Index (GWPI) in the country dropped to 4.4 percent from 5.0 percent in August. It is also lower...
ILOILO CITY – The inflation rate in Western Visayas dropped 1.2 percent from 6.6 percent in September to 5.4 percent in October, the Philippine Statistics Authority (PSA)-6 said. VENDORS sell fruits and vegetables at the Iloilo Provincial Capitol grounds. (Tara Yap) “The downtrend in the...
Albay 2nd district Rep. Joey Salceda (Facebook) The administration of President Marcos has regained a position of strength, economist-congressman Joey Salceda of Albay's 2nd district said Thursday, Nov. 9. Salceda gave this assessment in light of the...
Albay 2nd district Rep. Joey Salceda (Rep. Salceda's office) Economist-solon Albay 2nd district Rep. Joey Salceda identified on Tuesday, Nov. 7 the three factors that contributed greatly to the lowering of inflation rate to 4.9 percent for the month of...
President Marcos' chief economic manager said the government's swift and resolute actions to combat inflation were responsible for the considerable decrease in consumer prices recorded in October. In a statement, Finance Secretary Benjamin E. Diokno lauded the 4.9 percent headline inflation...
House Speaker Martin Romualdez (Speaker’s office) House Speaker Martin Romualdez highlighted on Tuesday, Nov. 7 the "tangible benefits" of having a slower inflation. This, as Romualdez welcomed the easing of inflation by a significant 1.2 percentage...
