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by Ben O. de Vera, 21 May 2020 Faster food price inflation amid the COVID-19 lockdown last April hurt the pockets of poor families as they had to shell out more despite many of them losing jobs and relying on government dole outs.
By: Ben O. de Vera , Philippine Daily Inquirer, 6 Mar 2020 Even as inflation eased to 2.6 percent in February, the Philippines is bracing for faster-than-expected increases in consumer prices as China’s manufacturing sector reels from the impact of the COVID-19 outbreak.
By CNN Philippines Staff, 7 Feb 2020 The Department of Trade and Industry will soon allow vendors to sell face masks at higher prices amid rising cost of raw materials.
By: Ben O. de Vera, Philippine Daily Inquirer, 24 Jan 2020 High demand pushed prices of basic goods upward at a quicker pace in the last holiday season, driving inflation among the poor to a five month high of 2.6 percent.
By The Manila Times, 14 Dec 2019 THE very low inflation we have enjoyed for the past several months appears to be a thing of the past and higher prices will persist through the coming year, according to local analysts. Because inflation is a sensitive issue that affects everyone, understanding how it works and what…
by Ben O. de Vera, 25 Oct 2019 The rate of increase in the prices of commodities purchased by poor Filipinos further slowed to 0.9 percent in September, marking a 46-month low as food prices and cost of utilities declined year-on-year.
By: Daxim L. Lucas, Philippine Daily Inquirer, Jun 24, 2019 The central bank expects the Philippine economy to enjoy lower inflation this year and next year amid an expected decline in average petroleum prices globally and an appreciation of the peso that will improve the buying power of importers.
By: Daxim L. Lucas, Philippine Daily Inquirer, Feb 06, 2019 Did market analysts and business reporters make last year’s inflation spike worse by scaring the public into believing that consumer prices would continue rising for a prolonged period?
by Lawrence Agcaoili, The Philippine Star, Feb 4, 2019 MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) has explained to Malacañang why the upper end of the inflation target was breached for the first time in a decade as the rise in consumer prices kicked up to 5.2 percent last year from 2.9 percent…
by Czeriza Valencia (The Philippine Star) – Dec 25, 2018 (Part 1) Most Filipinos never gave much thought about the growth in consumer prices in the past few years until its impact was felt with such force this year. Of all the commodity groups affected, the pinch was felt the most in food prices, particularly…
by Dharel Placido, ABS-CBN News, Sep 25, 2018 MANILA – President Rodrigo Duterte has signed an administrative order aimed at taming food inflation. AO 13, signed by President Duterte on Sept. 21, removes non-tariff barriers and streamlines administrative procedures on the importation of agricultural products.
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By: Ben O. de Vera, Inquirer Business, Sept 12, 2018 To ease high consumer prices, President Rodrigo Duterte will be issuing an executive order (EO) to implement the measures approved by the economic team last week.
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by RONNEL W. DOMINGO, Philippine Daily Inquirer, Sept 04, 2018 Local fuel prices went up for the fourth week in a row as the global market anticipated losing significant output from Iran, which is facing economic sanctions from Western countries.
By: Karl R. Ocampo – @inquirerdotnet Philippine Daily Inquirer, Aug 24, 2018 Rice prices rose to all-time highs four months after the rice stocks of the National Food Authority (NFA) ran out. Last year, consumers could buy regular-milled rice at an average of P37.89 a kilogram and well-milled rice at P41.93 a kilo.
by Louise Maureen Simeon With Rhodina Villanueva (The Philippine Star) – Aug 22, 2018 MANILA, Philippines — Despite the continuous arrival of rice imports, prices of the Filipino’s main staple remain in an upward streak for eight months now, the Philippine Statistics Authority (PSA) reported.
By AMITA LEGASPI, GMA News, Aug 16, 018 The Department of Finance admitted Thursday it has yet to compute the indirect effect of the Tax Acceleration for Inclusion and Reform (TRAIN) law on inflation, which Senator Paolo Benigno Aquino IV sees as the reason economic managers do not think of the inflationary burden on the…
Socioeconomic Planning Secretary Ernesto Pernia says tightening of monetary policy by the Bangko Sentral ng Pilipinas ‘will not directly address the supply side of inflation’ by Ralf Rivas, Rappler, Aug 10, 2018 MANILA, Philippines – Markets may have hailed the Bangko Sentral ng Pilipinas for showing force and implementing its strongest policy rate hike in…
by Lawrence Agcaoili (The Philippine Star), Jul 23, 2018 MANILA, Philippines — Economists of private banks expect higher inflation over the next three years amid higher and volatile global oil prices, weak peso, and the effects of the implementation of the tax reform program.
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(5TH UPDATE) Inflation climbs to another fresh high, exceeding market expectations and government forecasts by Ralf Rivas, Rappler, Jul 5, 2018 MANILA, Philippines (5th UPDATE) – Inflation continued to accelerate in June, reaching a fresh high of 5.2%, the Philippine Statistics Authority (PSA) reported on Thursday, July 5.
by Paolo Romero (The Philippine Star), Jun 13, 2018 MANILA, Philippines — Saying that prices of goods in the country have gone out of control, Sen. Paolo Benigno Aquino IV is urging the government to contain it by amending certain inflationary provisions of the Tax Reform for Acceleration and Inclusion (TRAIN) law.
by Lawrence Agcaoili, Czeriza Valencia, with Christina Mendez(The Philippine Star), Jun 6, 2018 MANILA, Philippines — The rate of increase in consumer prices hit a fresh five-year high of 4.6 percent in May and monetary authorities said inflation remains a concern despite signs it is slowing down. Last month’s inflation – or the rate of…
By Siegfrid Alegado, Bloomberg, Jun 5, 2018 It’s not only consumers who are taking a hit from rising prices in the Philippines. Companies are feeling the pressure as higher oil prices and a weak currency boost their costs.
By CNN Philippines Staff, Jun 5, 2018 Metro Manila (CNN Philippines, June 5) — Inflation rate rose to 4.6 percent in May from a year ago, the highest level in five years, the Philippine Statistics Authority announced Tuesday.
Higher inflation, coupled with the forthcoming 2019 midterm election, has suddenly turned TRAIN into a political hot potato by JC Punongbayan, Rappler, Jun 3, 2018 In Part 1, I explained the international factors behind the recent rise in inflation: a surge in world oil prices (now at a 3-year high) and the weaker peso (now…
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