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...
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...
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...
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)...
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...
