Philippines inflation at 14-year high, backs case for 50 bps rate hike
MANILA - Philippine annual inflation surged to a 14-year high in November driven mainly by higher food prices, the statistics agency said on Tuesday,...
October balance of payments at $711M surplus
The Philippines' overall balance of payments (BoP) position was a surplus of $711 million in October, lower than the $1.1 billion surplus recorded in...
Philippines posts Q3 GDP growth of 7.6%
MANILA - The Philippine economy expanded 7.6% in the third quarter from a year earlier, the statistics agency said on Thursday.
On a quarter-on-quarter basis,...
Philippines October inflation at highest since December 2008
Philippine annual inflation accelerated to 7.7% in October, the highest since December 2008 and up from the previous month's 6.9%, the statistics agency said...
Sept. trade deficit narrows to $4.8 billion
The country’s balance of trade deficit narrowed in September after imports growth slowed to a 19-month low while exports ended its two-month slump, the...
Philippines looking at market intervention to defend peso
MANILA — The Philippines will continue to use interest rates to mitigate against inflation and may step in to defend a depreciating peso, President Ferdinand Marcos Jr said on Tuesday.
Aug. trade deficit hit record $6 billion
The country's trade balance swung further into record $6-billion deficit in August as imports growth rose to a two-month high while exports slid for...
Unemployment rate inches up to 5.3% in Aug.
The ranks of jobless Filipinos went up 79,000 month on month in August, bringing the total unemployed that month to 2.681 million, preliminary data...
Sept. inflation zooms to over 13-year high
The OVERALL year-on-year increase in prices of widely used goods and services rose to its highest pace in more than 13 years in September...
Marcos urges respect for international law at UN debut
Philippine President Ferdinand R. Marcos, Jr. on Wednesday called for respect for international law in a speech at the United Nations General Assembly that...
Unemployment rate eases in July
The country's unemployment rate dropped to its lowest level in more than two years, the Philippine Statistics Authority reported on Thursday morning.
Preliminary data from...
Manufacturing picks up in July
Manufacturing rose for the second straight month in July, the Philippine Statistics Authority (PSA) reported on Thursday morning.
Preliminary results of the PSA’s latest Monthly...