Economy

Presidential Spokesperson Harry Roque on the Second Quarter 2020 GDP Growth Rate

While we understand that the decrease in our gross domestic product growth rate is a result of the enhanced community quarantine (ECQ)/modified enhanced community quarantine (MECQ), we are concerned by the...

July inflation rises to 2.7%

https://youtu.be/-BHweCtfLA8 The gradual opening of the economy during the implementation of general community quarantine has slightly accelerated the country’s inflation rate for the month of July. The Philippine Statistics Authority (PSA) reported on...

July 2020 inflation of 2.7% consistent with BSP forecast of 2.2-3.0%

PR “The July 2020 inflation of 2.7 percent was within the BSP’s forecast range of 2.2 – 3.0 percent. The latest inflation outturn is consistent with the BSP’s prevailing assessment that inflation...

PRRD: PH Economy is in good position to face COVID-19

https://youtu.be/4VCR7BxWuZg President Rodrigo R. Duterte has cited in his 5th State of the Nation Address that the Philippine economy is in a good position to face the threat of coronavirus disease 2019...

Q2 2020 headline inflation lands at 2.3%

https://youtu.be/Qlj_sMB59HU The headline inflation of the country for the second quarter of 2020 has settled at 2.3 percent and has remained within the target range of the Bangko Sentral ng Pilipinas (BSP). The...

PH economy gradually getting back to life

A few weeks before the SONA of President Duterte, economic managers of the current administration claim that the Philippine economy is gradually recovering amid the easing off of lockdown. The measures taken...

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