May 23, 2025

Tag: inflation

  • Philippine Stock Market Declines Amid Regional Downturn, Peso Gains Strength

    The Philippine Stock Exchange index (PSEi) experienced a decline, reflecting the downturn seen across regional markets, triggered by recent tariff threats from US President Donald Trump. The PSEi dropped by 0.87 percent, closing at 6,066.63 points, while the All Shares index also fell slightly by 0.09 percent to 3,671.62. The only sector to see gains…

    Written by

    Annalyn Del Rosario

  • Philippine Agriculture Department Slashes Rice Price Cap to Ease Consumer Costs

    In a move to alleviate the financial burden on consumers, the Department of Agriculture (DA) in the Philippines has announced a reduction in the maximum suggested retail price (MSRP) for 5 percent broken rice in Metro Manila, dropping it from PHP55 to PHP52 per kilogram. This adjustment, effective from February 15, follows a global trend…

    Written by

    Rodel Jacinto

  • Philippine Agriculture Department Slashes Rice Price Cap to Ease Market Costs

    In a move to curb rising retail prices, the Philippine Department of Agriculture (DA) has announced a reduction in the maximum suggested retail price (MSRP) for 5 percent broken rice in Metro Manila, dropping it to PHP52 per kilogram from PHP55. This adjustment, effective from February 15 as per Administrative Circular No. 3, reflects a…

    Written by

    Jean Vergara

  • Bangko Sentral ng Pilipinas Maintains Steady Policy Rates Amid Global Uncertainty

    On February 13, 2025, the Bangko Sentral ng Pilipinas (BSP) announced that it would keep its policy rates unchanged, a decision influenced by the prevailing global economic uncertainties. Governor Eli Remolona Jr. shared this during a press briefing at the BSP’s Manila office, emphasizing that the Monetary Board’s decision to maintain the target reverse repurchase…

    Written by

    Maria Reyes

  • Lacson Advocates for Permanent Status of Kadiwa Program to Combat Inflation

    Senatorial candidate Panfilo Lacson, supported by the administration, is advocating for the Kadiwa ng Pangulo program to become a permanent fixture through new legislation. This initiative, a key project under President Ferdinand R. Marcos Jr., aims to tackle inflation by allowing direct sales from farmers and food producers to consumers, thus cutting out numerous intermediaries…

    Written by

    Herminio Racelis

  • Inflation Trends Diverge in Negros Occidental and Bacolod City for January 2025

    In January 2025, the inflation rate in Negros Occidental saw a decline to 2.7 percent, a decrease from the 3.7 percent recorded in December 2024. Conversely, Bacolod City experienced an uptick in inflation, rising to 3.3 percent from 2.4 percent in the previous month, according to data released by the Philippine Statistics Authority (PSA) on…

    Written by

    Reynaldo Sison

  • Inflation Trends Diverge in Negros Occidental and Bacolod City in January 2025

    In January 2025, the inflation rate in Negros Occidental saw a decline to 2.7 percent, a drop from the 3.7 percent recorded in December 2024, according to the latest data from the Philippine Statistics Authority (PSA). Conversely, Bacolod City experienced an increase in inflation, rising to 3.3 percent from December’s 2.4 percent. This shift in…

    Written by

    Eliza Pascual

  • Inflation in Western Visayas Climbs to 3.6% in January 2025, Outpaces National Average

    Inflation in Western Visayas surged to 3.6% in January 2025, marking an increase from December’s 3.4% and exceeding the national average of 2.9%. This rise positions Western Visayas as having the third highest inflation rate among regions outside the National Capital Region. The update was shared by Miguel Gallego, a Statistical Specialist from the Philippine…

    Written by

    Eliza Pascual

  • Inflation in Western Visayas Jumps to 3.6% in January 2025, Outpaces National Average

    Inflation in Western Visayas escalated to 3.6% in January 2025, a rise from the 3.4% recorded in December, positioning the region as having the third highest inflation rate outside the National Capital Region. This figure also exceeds the national average of 2.9%. The update was shared by Miguel Gallego, a Statistical Specialist from the Philippine…

    Written by

    Benigno Delos Santos

  • BMI Forecasts Robust Growth in Philippine Consumer Spending

    MANILA – BMI, a subsidiary of Fitch Solutions, anticipates a robust increase in consumer spending throughout the current year, fueled by the country’s strong economic performance. The firm projects a rise in real household spending from 5.0 percent in 2024 to 5.3 percent in 2025, according to a report released on Thursday. BMI estimates that…

    Written by

    Fabian Apostol