Following the onslaught of the COVID-19 pandemic that heavily affected the world economy due to the responses of different states to the virus and the implementation of lockdowns and community quarantines,...
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...
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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...
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...
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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...
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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...
