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...
The Philippines has “clear priorities” and plans in place to contain the impact of the Israel-Hamas conflict on the country’s inflation rate, National Economic and Development Authority (NEDA) Undersecretary Rosemarie Edillon said on Tuesday, Nov. 7. Smoke billows from the Gaza's Rafah border...
Filipino consumers finally received some relief from the persistent price increases they had been facing since the start of the year, as the government's report highlighted a significant slowdown in the inflation of food prices. The latest inflation report released by the Philippine...
The country registered a slowdown in consumer price inflation in October, but the persistent struggle with high living costs remains a pressing concern for many Filipino consumers. The Philippine Statistics Authority (PSA) reported on Tuesday, Nov. 7, that the inflation rate eased to 4.9 percent,...
The pace of price increases at retail stores in Metro Manila slowed in September, the Philippine Statistics Authority (PSA) reported. Prices in the National Capital Region (NCR), as measured by the general retail price index (GRPI), increased by 3.6 percent year-on-year, down from 3.9 percent in...
Onions (Ellson Quismorio/ MANILA BULLETIN) The House Committee on Agriculture and Food will continue to keep an eye on prices of rice, onions and other agricultural products in a bid to address food inflation. Thus, said committee chairman, Quezon 1st...
ILOILO CITY – The inflation rate in Western Visayas went up for the second straight month, the Philippine Statistics Authority (PSA) said. A STALL at La Paz Public Market in Iloilo City. (Tara Yap) The PSA-6 said the region logged a 6.6 percent inflation rate in September, up 0.5 percent from 6.1...
(MANILA BULLETIN) House Speaker Martin Romualdez has called on his fellow public servants in government to "cushion [the] impact of rising prices and inflation" for Filipinos and to "focus on service in these trying times". "Now, more than ever, is the time...
Pampanga 3rd district Rep. Aurelio "Dong" Gonzales Jr. (left), Quezon 1st district Rep. Wilfrido Mark Enverga (Speaker’s office, MANILA BULLETIN) Ranking congressmen have claimed that the worst is over this 2023 as far as the country’s inflation rate is...
The Philippine Statistics Authority (PSA) reported the prevalent non-compliance of rice retailers with the price ceilings set by President Marcos. National Statistician Claire Dennis Mapa said a majority of rice retailers, approximately 76 percent to 80 percent, have failed to adhere to the...
