Fishers are being squeezed by rising fuel costs as successive oil price hikes push production expenses higher, progressive fisherfolk group Pambansang Lakas ng Kilusang Mamamalakaya ng Pilipinas (Pamalakaya) said on Friday, Jan. 23. The group said fuel expenses now account for about 80 percent of...
The country’s full-year inflation rate in 2025 settled at a nine-year low, even as inflation edged up to 1.8 percent in December from 1.5 percent a month earlier, driven mainly by higher prices of food and non-alcoholic beverages, the Philippine Statistics Authority (PSA) reported. National...
The country’s inflation rate slowed to 1.5 percent in November, easing from 1.7 percent in October and 2.5 percent in the same month last year, largely due to lower food prices, the Philippine Statistics Authority (PSA) reported on Friday, Dec. 5. Headline inflation averaged 1.6 percent during...
The Bangko Sentral ng Pilipinas (BSP) warned that the recent plunge of the peso, which has hit new lows, could reignite inflation despite projections that the November rate would settle below the central bank’s target band The BSP on Friday, Nov. 28, cited “higher electricity and oil prices,...
President Marcos has ordered that there will be no price increase on basic commodities until the end of the year, Malacañang said. Marcos has ordered the Department of Trade and Industry (DTI) to implement the no price increase policy, especially during the holiday season. "Alinsunod sa kautusan...
A Social Weather Stations (SWS) survey conducted from Sept. 24 to 30 revealed that most Filipinos want President Ferdinand Marcos Jr. to focus on reducing the prices of rice and other food products. The SWS Third Quarter 2025 Social Weather Survey, fielded through face-to-face interviews with 1,500...
Despite inflation climbing to a six-month high in September, Singapore-based Oversea-Chinese Banking Corp. Ltd. (OCBC) still expects consumer prices in the Philippines to rise by less than two percent on average for the entire year. Average headline inflation stood at 1.7 percent as of...
Inflation rose to a six-month high of 1.7 percent in September, mainly due to more expensive fuel and higher vegetable prices following the onslaught of typhoons, the Philippine Statistics Authority (PSA) reported on Tuesday, Oct. 7. The latest PSA data showed that the country’s inflation rate...
Agriculture Secretary Francisco Tiu Laurel is casting doubt on the Bangko Sentral ng Pilipinas’ (BSP) projection that inflation likely quickened in September due to higher rice prices, maintaining that retail prices of the staple remain stable. The BSP estimated that last month’s inflation rate...
The rate of increase in consumer prices has accelerated last month due to jump in food prices, with recent weather events heavily impacting the cost of vegetables, the Philippine Statistics Authority (PSA) reported on Friday, Sept. 5. Headline inflation accelerated to 1.5 percent in August 2025,...
The Bangko Sentral ng Pilipinas (BSP) expects August 2025 inflation to accelerate to a median of 1.4 percent, a modest increase from July but a significant deceleration from last year. The central bank projects a range of 1.0 percent to 1.8 percent for the month. The forecast is a jump from...
The Department of Agriculture (DA) is expanding access to the government’s ₱20 per kilo rice program, now allowing rice farmers and farm workers who planted the staple to avail themselves of the cheap rice. In a statement, the DA announced that the rice program will now cover members of the...
