Inflation likely accelerated to over 2-year high in April — poll
SHARP increases in fuel, electricity, and some food prices, along with a weaker peso, may have driven Philippine inflation to its fastest pace in more than two years, analysts said.
Poll: GDP growth likely slowed in Q1
THE Philippine economy likely lost momentum in the first quarter, weighed down by weak household purchasing power, subdued government spending, fragile business confidence, and rising global energy prices linked to the Middle East conflict, economists said.
Philippine manufacturing PMI contracts in April as new orders slump
Philippine factory activity contracted in April, the first time since November, amid a sharp decline in new orders.
The S&P Global Philippines Manufacturing Purchasing Managers’...
Peso drops as war risks persist
THE PESO declined anew versus the dollar on Monday as escalating tensions in the Strait of Hormuz despite the ceasefire between the United States...
Bargain-hunting, earnings push PSEi past 5,900
PHILIPPINE STOCKS advanced on Monday, returning above the 5,900 mark as investors took advantage of cheaper prices and reacted to positive corporate results while...
Oil firms to hike diesel, gasoline prices this week
MOTORISTS should brace for higher pump prices this week as fuel retailers pause rollbacks amid rising logistics and insurance costs due to the prolonged...
Philippines’ PPP pipeline reaches P3.16T, led by transport projects
THE PHILIPPINES’ pipeline of public-private partnership (PPP) projects has reached 252 with a combined value of P3.16 trillion, the government said.
Data from the Public-Private...
Q1 growth likely still weak amid flood mess fallout, rising inflation
PHILIPPINE economic growth likely remained muted in the first quarter, weighed down by the lingering fallout from the flood control scandal and rising costs...
Philippine manufacturing PMI shrinks for the first time in 5 months
PHILIPPINE FACTORY activity contracted for the first time in five months in April amid a sharp decline in new orders, S&P Global said on Monday.
Philippine annual inflation sizzles to 7.2% in April, highest in three years
MANILA - Philippine annual inflation was at 7.2% in April, above the previous month's 4.1% rate, the statistics agency said on Tuesday.
It was the...
Oil crisis pushes Philippine inflation to over three-year high in April
By Katherine K. Chan, Reporter
Elevated oil prices began to feed through food and utility costs, driving headline inflation to an over three-year high of...
Philippines may need larger rate hike as inflation soars past 7%
The Philippine central bank will likely need to take more aggressive interest-rate hikes to tame the faster-than-expected inflation spurred by the Middle East war,...