Tag: Inflation Rate

  • Eastern Visayas Maintains Steady Inflation Rate of 1.3% in January 2025

    In a recent announcement from the Philippine Statistics Authority (PSA), the inflation rate in Eastern Visayas held steady at 1.3% in January 2025, mirroring the rate from the previous month. This consistency marks the region as having the second lowest inflation rate among the 17 regions in the Philippines for the start of the year,…

  • Philippine Stock Market Dips Amid Profit-Taking, Peso Remains Steady

    MANILA – The Philippine Stock Exchange index (PSEi) experienced a decline on Thursday, ending a two-day upward trend as investors cashed in on their profits. Meanwhile, the peso concluded the day with minimal change. The PSEi dropped by 0.62 percent to close at 6,241.97, while the All Shares index fell by 0.26 percent to 3,687.05.…

  • January’s Steady Inflation Boosts Philippine Stock Market and Peso

    In Manila, the consistent inflation rate recorded in January bolstered investor confidence, leading to a positive performance in both the Philippine Stock Exchange and the local currency on Wednesday. The Philippine Stock Exchange index (PSEi) saw a significant rise of 3.15 percent, closing at 6,281.08, while the All Shares index also advanced by 2.18 percent…

  • Inflation in Northern Mindanao Drops to 2.6% in December 2024

    In Cagayan de Oro City, the inflation rate in Northern Mindanao decreased to 2.6% in December 2024, a significant drop from the 4.8% recorded in December of the previous year, according to the Philippine Statistics Authority (PSA). Janith Aves, Director of PSA 10, announced during a press conference that the region’s inflation averaged at 3.7%…

  • Ilocos Region Maintains Steady Inflation Rate of 1.8% in November

    In the Ilocos Region, the inflation rate remained steady at 1.8% in November, mirroring the rate from the previous month, according to the Philippine Statistics Authority’s regional office. This consistency was announced during a virtual press conference held on Tuesday. The primary drivers behind this inflation rate were identified as food and non-alcoholic beverages, personal…

  • Ilocos Region Sees Inflation Rise to 1.9% in October, Driven by Food Prices

    The Ilocos Region experienced an increase in its inflation rate to 1.9% in October 2024, up from 0.6% in September, primarily due to rising food and non-alcoholic beverage prices, according to the Philippine Statistics Authority (PSA). During a virtual forum, PSA Ilocos Supervising Statistical Specialist Teresa Olarte highlighted that the food index inflation surged to…