Philippine manufacturers are already feeling the heat from global trade uncertainties, with factory output taking a hit at the start of the second half of the year, according to Moody’s Analytics. “With stiffer United States (US) tariffs on the horizon, Philippine industrial production fell for...
The Philippine economy is enjoying low inflation and accelerated growth amid a manufacturing rebound plus improved consumer spending in the second quarter of 2025, according to global investment banking giant Goldman Sachs. In an Aug. 1 report obtained by Manila Bulletin, Goldman Sachs Economics...
A slightly higher inflation rate that remains below two percent in June would allow the Bangko Sentral ng Pilipinas (BSP) to cut interest rates some more in August, economists said. In a June 27 report, Deutsche Bank Research economist Junjie Huang said headline inflation could have inched up to...
With the President-backed bloc securing a midterm poll victory over the Duterte-aligned camp, Moody’s Analytics said the outcome could help ensure smoother continuity of the administration’s economic and governance policies. “In the Philippines, President Ferdinand Marcos Jr.’s...
Government spending related to the May 12 midterm elections—frontloaded expenditures prior to the polls as well as the resumption of delayed projects due to the election ban—would likely spill over into the second quarter and support first-half economic growth, economists said. "While the...
Moody’s Analytics is projecting that the Bangko Sentral ng Pilipinas (BSP) will further reduce its key interest rate by another 25 basis points (bps) in December. According to Moody’s Analytics, this forecast is based on the country's continued low inflation rates and stable price...
Moody’s Analytics expects that this year’s dismal foreign trade performance will rebound next year, aligning with government expectations. “The trade performance this year has been underwhelming, but we see opportunities for a pickup in 2025,” Moody’s Analytics said. In August, the...
The rate of increase in consumer prices likely slowed to its lowest level since October 2020, with forecasts indicating a decline to 2.5 percent for September, from 3.3 percent in August. Stefan Angrick, Moody’s Analytics senior economist, explained that the significant decrease in inflation is...
The Philippines’ repositioned approach in managing the economic impact of the prolonged pandemic could provide the much-needed support for recovery, Moody’s Analytics said. Moody's Analytics Steven G. Cochrane, Moody’s Analytics economist said in a note on Thursday, Sept. 2, that the...
The Philippines may suffer long-lasting economic losses owing to prolonged coronavirus pandemic that took a heavier toll on small businesses and low-income families, think-tank Moody’s Analytics said. Makati CBD skyline Steven Cochrane, Moody’s Analytics chief economist for Asia-Pacific said...
The Philippine economic recovery improved amid declining new coronavirus infections and easing quarantine restrictions, Moody’s Analytics said. In a research note on Monday, July 5, the US-based economic and financial think tank said business activities in the country are expected to pick up in...
The Monetary Board of the Bangko Sentral ng Pilipinas (BSP) is expected to leave its policy rate steady at two percent during Thursday’s policy meeting, according to Moody’s Analytics. “The near-term prospects remain worrisome for the Philippines as the country copes with an intense domestic...
