Consumer price increases slowed further to 1.3 percent in May from 1.4 percent in April, marking the slowest pace in nearly six years, with the poorest households experiencing no increase in overall prices. According to the Philippine Statistics Authority (PSA), the country’s headline inflation...
The further interest rate cuts anticipated from the Bangko Sentral ng Pilipinas (BSP) may slightly weaken the peso to beyond the mid-₱56 level this year, according to consensus forecasts collected by the Barcelona-based FocusEconomics. In its June 2025 consensus forecast report for the...
The Bangko Sentral ng Pilipinas (BSP) is seen cutting interest rates for two consecutive policy meetings as inflation falls to below-target levels, according to Deutsche Bank Research. In a May 31 report emailed on Monday, June 2, Deutsche Bank Research forecast headline inflation in May at 1.5...
Filipino consumers can anticipate a substantial easing of inflation in May this year, according to the latest forecast from the Bangko Sentral ng Pilipinas (BSP). The central bank projects inflation to settle within the range of 0.9 percent to 1.7 percent in May, a significant deceleration...
The Philippines ' annual economic growth is expected by the World Bank Group (WBG) to remain below six percent this year until 2031. Its newest country partnership framework (CPF) for the Philippines, covering fiscal years (FYs) 2026 to 2031, showed that the WBG forecasts Philippine gross...
Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona Jr. said the central bank has plenty of room to cut key interest rates on the back of softer inflation, signaling a potential 50-basis-point (bp) cut by year-end. “So far, the hard data says we have plenty of room to cut, especially...
ILOILO CITY – The inflation rate in Western Visayas region dropped for the second straight month, by 0.8 percent, from 2.7 percent in March to 1.9 percent in April. “The downtrend in the Western Visayas inflation rate in April was mainly due to the slower annual growth in the index of food and...
Slowing increases in consumer prices could boost the Philippine economy this year through 2027, with gross domestic product (GDP) growth falling within the lower end of the government’s target of six to eight percent, according to the Bangko Sentral ng Pilipinas (BSP). “GDP growth could settle...
Government spending related to the May 12 midterm elections—frontloaded expenditures prior to the polls as well as the resumption of delayed projects due to the election ban—would likely spill over into the second quarter and support first-half economic growth, economists said. "While the...
Despite the dismal first-quarter growth mostly weighed down by world trade uncertainties, the Economist Intelligence Unit (EIU) sees the Philippine economy outperforming the region in 2025. "We will maintain our forecast of 6.1-percent growth this year, accelerating from 5.7 percent in 2024, making...
Another 25-basis-point (bp) interest rate cut by the Bangko Sentral ng Pilipinas (BSP) is widely expected at its monetary policy meeting next month, as inflation slides and economic growth weakens. In a May 9 report, Deutsche Bank Research said the lower-than-expected 5.4-percent gross domestic...
The coast isn 't clear yet for domestic inflation, as Singapore-based United Overseas Bank (UOB) sees looming United States (US) tariffs as a global price risk for an economy like the Philippines, which imports the bulk of the goods it consumes. "The US reciprocal tariffs after the 90-day...
