Malacañang has assured Filipinos that the government remains committed in addressing the challenges caused by the 6.1 percent inflation rate in September. President Ferdinand 'Bongbong' Marcos Jr. (Noel Pabalate) In a statement on Thursday, Oct. 5, the Presidential Communications Office (PCO)...
The Philippine Statistics Authority (PSA) is taking a stand against the dissemination of misleading information by social media "influencers." National Statistician Claire Dennis Mapa has voiced his concerns regarding the misleading content surrounding inflation being circulated by self-proclaimed...
Albay 2nd district Rep. Joey Salceda (Facebook) "It gets better from here." Economist-solon Albay 2nd district Rep. Joey Salceda gave this assessment Thursday, Oct. 5 on the reported year-on-year inflation rate of 6.1 percent in September. Salceda,...
Consumer prices surged last month due to the steep rise in food prices, particularly rice, and the spike in transportation costs caused by higher fuel prices, the Philippine Statistics Authority (PSA) reported. In a briefing, National Statistician Claire Dennis S. Mapa said that headline inflation...
ASEAN Business Advisory Council (BAC) Philippines chairperson Joey Concepcion is optimistic that this year’s Christmas will be “a very good one” for Filipinos despite a slight reduction in business confidence and growth forecasts. Joey Concepcion (Go Negosyo/Facebook) During the recently held...
BAGUIO CITY (PNA) – The Philippine Statistics Authority in the Cordillera Administrative Region (PSA-CAR) on Friday, September 22, said that the region has posted a 3.9 percent inflation rate, lower than the national average of 5.3 percent and National Capital Region’s 5.9 percent. Villafe...
ILOILO CITY – The inflation rate in Western Visayas went up in August after five straight months of decline. The Philippine Statistics Authority (PSA)-6 said the inflation rate increased by 0.3 percent to 6.1 percent from 5.8 percent in July. A MARKET stall at La Paz Public Market in Iloilo City....
Malacañang assured the public that the government will intensify its monitoring of rice prices in the market. A rice vendor at Paco Market in Manila says regular milled rice sold at P41 per kilogram does not sell well due to its unusual appearance. (Arnold Quizol) Executive Secretary Lucas...
The Philippine Statistics Authority (PSA) reported that the prices of goods sold to wholesalers increased at a much faster pace in July due to higher costs of food inputs. According to the PSA data, the General Wholesale Price Index (GWPI) in the country rose to 4.5 percent in July from 4.0 percent...
(MANILA BULLETIN) Albay 2nd district Rep. Joey Salceda is anything but surprised by the faster inflation recorded for the month of August. "The general situation is expected, since much of the upward price movement is driven by world trade dynamics," Salceda said...
The government's chief economic manager said the Marcos administration's inflation assumption for the year is still feasible despite the rise in consumer prices last month. In a statement, Finance Secretary Benjamin E. Diokno said the government is determined to minimize the impact of inflation and...
The rate of increase in consumer prices accelerated for the first time in six months in August, driven by higher food and transport costs, the Philippine Statistics Authority (PSA) reported. In a briefing on Tuesday, Sept. 5, National Statistician Dennis S. Mapa said that the headline inflation...
