Headline inflation or annual price increases soared to a 37-month high of 7.2 percent in April, mainly as domestic fuel and food prices skyrocketed due to the global oil price and supply shocks caused by the prolonged war in the Middle East. The Philippine Statistics Authority ’s (PSA) latest...
Factory-gate prices rose at their fastest pace in three years in March, as oil-linked industries drove a sharp acceleration in manufacturing costs at the onset of the war in the Middle East. The latest Philippine Statistics Authority (PSA) data on Thursday, April 30, showed that the producer price...
The Philippines’ investment-grade rating remains intact—holding a notch above the minimum investment grade by Fitch (BBB with a negative outlook) and two notches above the minimum by S&P Global (BBB+ with a stable outlook) and Moody’s (Baa2 with a stable outlook). However, former Bangko...
CALAPAN CITY, Oriental Mindoro – The multi-million flood control scandal that put this province in the spotlight last year was one of the factors that triggered a .2 percent decline in the Mimaropa (Oriental Mindoro, Occidental Mindoro, Marinduque, Romblon, and Palawan) region’s Gross Domestic...
ILOILO CITY – Western Visayas posted a Gross Domestic Regional Product (GRDP) of P683.44 billion in 2025. The Philippines Statistics Authority (PSA) recorded an economic growth rate of 6.4 percent in the region comprising Aklan, Antique, Capiz, Guimaras, and Iloilo provinces as well as the...
For learners who often go unnoticed in broad national data, help may soon be closer to home as the Department of Education (DepEd) pushes for education mapping at the barangay level, in a move aimed at identifying learning gaps more precisely and directing support to communities that need it most. ...
The Philippine Space Agency (PhilSA) and the National Irrigation Administration (NIA) have signed a Memorandum of Understanding (MOU) to apply space technology in improving irrigation systems and water resource management across the Philippines. The agreement, signed by PhilSA Ad Interim Director...
Vice President Sara Duterte on Monday, April 13, emphasized the urgency of addressing the literacy crisis in the Philippines, calling on Filipino families to strengthen reading habits as the country marks Buwan ng Panitikang Filipino. In a video message, Duterte described literature not merely as...
BACOLOD CITY – The Negros Island Region (NIR) posted the lowest inflation rate in the country at 1.5 percent in March, the Philippine Statistics Authority (PSA) reported Friday. Inflation rose from 0.7 percent in February and 0.8 percent in January, bringing the first-quarter average to one...
The jump in the March inflation rate has set the stage for a potential 50-basis-point (bp) rate hike by the Bangko Sentral ng Pilipinas (BSP) during the second quarter, according to global investment banking giant Goldman Sachs. In an April 7 report obtained by Manila Bulletin, Goldman Sachs...
To shield the Philippine labor market from the fallout of the Middle East conflict, the Marcos Jr. administration is ramping up job protection measures—a move that could further improve the country’s employment rate following February’s gains. Department of Economy, Planning, and Development...
With March inflation exceeding the Bangko Sentral ng Pilipinas ’ (BSP) forecast, largely due to spillover from global oil price and supply shocks, the central bank warned that a prolonged crisis could seep into the broader consumer basket. This could dampen expectations of a near-term return to...
