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...
Domestic manufacturing activity posted notable gains in February, before the war in the Middle East began, according to the Philippine Statistics Authority’s (PSA) latest monthly integrated survey of selected industries (MISSI). The February MISSI report released on Tuesday, April 7, showed the...
The peso’s purchasing power hit another record low in March as the price shock wrought by the war in the Middle East further eroded Filipinos’ ability to spend the local currency. The latest data from the Philippine Statistics Authority (PSA), released on Tuesday, April 7, showed that the...
Headline inflation, or annual price increases, soared to a 20-month high of 4.1 percent in March, as the war in the Middle East fueled skyrocketing oil prices. National Statistician and Philippine Statistics Authority (PSA) chief Claire Dennis S. Mapa told a press briefing on Tuesday, April 7, that...
Country’s rice stockpiles expanded in March compared with a year earlier, driven by the recovery in government-held reserves and steady gains in household holdings, according to the latest data from the Philippine Statistics Agency (PSA). Total rice inventory stood at 1.88 million metric tons as...
The global oil price and supply shock caused by the war in the Middle East may reverse early 2026 gains by Philippine exporters, according to think tank Oxford Economics. In a report on Monday, March 30, Oxford Economics senior economist Sheana Yue said that while Asian goods exports started 2026...
Domestic trade in the Philippines continued to grow across water and air transport systems in 2025, with an even higher volume and value now recorded through road transport, which the Philippine Statistics Authority (PSA) tracked for the first time last year. The PSA reported on Monday, March 30,...
Factory-gate prices in the Philippines rose at their fastest pace in nearly three years in February, reflecting growing cost pressures in the manufacturing sector. The Philippine Statistics Authority (PSA) reported on Friday, March 27, that the producer price index (PPI) for manufacturing...
The Philippines’ goods trade with the rest of the world grew faster in February, ahead of the conflict in the Middle East posing a threat to the country’s exports. The latest preliminary Philippine Statistics Authority (PSA) data on Friday, March 27, showed that total external trade rose 10.7...
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...
Truly, it’s agonizing to see, hear, and read the trail of destruction across the country—from the regions of Visayas to Luzon—left by the super typhoons Tino and Uwan. Reconstruction is expected to reach billions, if not trillions, of pesos. It’s as if we ain’t seen nothing yet, as...
