August inflation eases to 6.3%
Headline inflation slowed to its two-month low of 6.3% in August as food and transport costs eased, the Philippine Statistics Authority (PSA) reported on...
Factory output up 2.4% in June
The factory output steadily grew in June, the Philippine Statistics Authority (PSA) reported on Tuesday.
The preliminary results of the Monthly Integrated Survey of Selected...
June trade deficit widens to record $5.8 billion
The country’s merchandise trade deficit hit another record in June despite slowdowns in annual growth of imports and exports, the Philippine Statistics Authority (PSA)...
Philippines Q2 GDP grows 7.4% year on year
MANILA - The Philippine economy expanded less than expected in the second quarter, but at pace still in line with the official 2022 growth...
Philippines’ Q1 GDP y/y growth revised down to 8.2% from 8.3%
MANILA - The Philippine economy grew 8.2% in the first quarter of 2022 from a year earlier, only slightly lower than the previously-reported growth...
Jobless rate steadies at 6% in June; job quality improves
Unemployment rate steadied in June, while job quality improved to its best in over a year, the Philippine Statistics Authority reported on Monday.
Preliminary results...
July inflation zooms to 6.4%, highest in nearly 4 years
Headline inflation went up to its highest in nearly four years in July due to faster increases in food and transport items.
Preliminary data from...
Magnitude 7 quake hits northern Philippines
A magnitude 7 earthquake rocked the northwestern part of the main island of Luzon in the Philippines early Wednesday morning, according to the US...
Marcos orders rescue, relief operations in quake-hit Abra province
MANILA - Philippines President Ferdinand Marcos Jr has ordered the immediate dispatch of rescue and relief teams to the earthquake-affected province of Abra, his...
Marcos vows farm and tax overhauls in address to nation
MANILA - Philippine President Ferdinand Marcos Jr pledged on Monday to overhaul his country’s tax system and make it a destination for investment and tourism, promising also a big agriculture overhaul to boost output and reduce its heavy import reliance.
BSP makes surprise 75 bps hike in interest rates
MANILA - The Philippine central bank on Thursday raised its benchmark interest rates by 75 basis points in a surprise off-cycle move, and signalled...
May trade deficit widens as imports climb
The country’s trade-in-goods deficit grew slightly in May as imports rose to its five-month high, the Philippine Statistics Authority (PSA) reported this morning.
Preliminary data...