(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...
The chain of financial distress at the oil pumps will continue for Filipino consumers, as petroleum product prices are anticipated to rise again at the pumps by Tuesday (September 5), according to the oil companies. Based on the calculation of the industry players, diesel products will increase by...
The purchasing power of Filipino motorists will be on another round of assault, as pump prices are expected to rise again at the gasoline stations next week, based on the calculation of the oil companies. According to the industry players, the price of gasoline will rise by P0.10 to P0.50 per...
ILOILO CITY – The inflation rate in Western Visayas has dropped for the fifth consecutive month. A report released by the Philippine Statistics Authority (PSA-6) said the inflation rate went down by one percent to 5.8 percent in July from 6.8 percent in June. A WOMAN passes by stalls selling...
President Ferdinand 'Bongbong' Marcos Jr. (Noel Pabalate/ MANILA BULLETIN) President Ferdinand "Bongbong" Marcos Jr. indeed has basis to say that prices of goods are "stabilizing", but this benefit may not be felt by common Filipinos. Thus, said AGRI Party-list Rep. Wilbert T. Lee, who prodded the...
President Ferdinand “Bongbong” Marcos Jr. seemed to have pleased the audience of his second State of the Nation Address (SONA), with almost 70 applause on Monday, July 24. President Ferdinand Marcos Jr. (center) delivers his second State of the Nation Address (SONA) as (from left) Senate...
ILOILO CITY – The inflation rate in Western Visayas has dropped for the fourth consecutive month. A VEGETABLE stall at the La Paz Public Market in Iloilo City. Inflation or the rate of increase in prices over a given period of time in Western Visayas has dropped for the fourth straight month....
Albay 2nd district Rep. Joey Salceda (Facebook) Economist-congressman Joey Salceda has boldy predicted that the country’s inflation rate slowdown would continue up to December, pegging it a below 3.0 percent before year's end. “The June inflation rate of 5.4 percent is the fifth consecutive...
President Ferdinand "Bongbong" Marcos Jr. has attributed the decreasing inflation rate to the improved production of agricultural products in the country. He stressed the need to keep this going to further lower prices. President Ferdinand 'Bongbong' Marcos Jr. (Noel Pabalate) Marcos underscored...
(MANILA BULLETIN) House Speaker Martin Romualdez has credited the country's continuing inflation rate slowdown to the "strong political will" and "sound economic policies" of the Marcos administration. “This continued drop in inflation can be attributed to President Ferdinand 'Bongbong' R. Marcos...
