The January 2022 inflation of 3.0% is consistent with BSP expectations that inflation will decelerate further in coming months, reverting back to the target range over the policy horizon.
The Philippine government continues to strengthen its policies to support the livestock industry and reduce food prices, the National Economic and Development Authority (NEDA) said.
As reported by the Philippine Statistics Authority...
Headline inflation slowed down to 3.0% in January 2022 from 3.2% in December 2021 using the 2018-based Consumer Price Index (CPI) series.
The January 2022 inflation settled at the midpoint of the...
Private companies in the United States slashed 301,000 jobs in January, indicating a disrupted recovery in the labor market amid Omicron surge, payroll data company Automatic Data Processing (ADP) reported Wednesday (Feb. 2).
Philippine merchandise exports closed 2021 with a 14.5% growth with value reaching US$ 74.6B, based on preliminary data from the Philippine Statistics Authority (PSA).
Despite the emergence of a new COVID-19 variant...
Bangko Sentral ng Pilipinas (BSP)-registered foreign portfolio investments (FPIs) in December 2021 recorded net outflows of US$4 million, bringing the total net outflows for 2021 to US$574 million.
Nonetheless, the full-year net...
