Economy

BSP: Ample food supply behind moderate July 2019 inflation

By Joann Villanueva/Philippine News Agency MANILA -- The Philippines' inflation rate further slowed to 2.4 percent last July, falling neatly within the Bangko Sentral ng Pilipinas’ (BSP) 2.0-2.8 percent forecast and similar...

Palace confident disinflation will continue as it eases to 2.4%

By Azer Parrocha/Philippine News Agency MANILA -- Malacañang expressed confidence that disinflation will continue after the country’s inflation rate further eased to a 31-month low at 2.4 percent in July. “Inflation continues to...

July inflation hits 31-month low at 2.4%

Leslie Gatpolintan/Philippine News Agency MANILA -- The country’s inflation rate further eased to a 31-month low at 2.4 percent in July as food prices continued to soften, boosting expectations of continued deceleration. Philippine...

TDF rates up amid undersubscription

By Joann Villanueva/Philippine News Agency MANILA – Undersubscription was registered on Wednesday’s auction of the Bangko Sentral ng Pilipinas’ (BSP) Term Deposit Facility (TDF) but rates of all three tenors increased. Rate of...

Peso ends flat, PSEi slips in midweek trading

By Joann Villanueva/Philippine News Agency MANILA -- The Philippine peso ended flat against the greenback on Wednesday while the Philippine Stock Exchange index (PSEi) closed in the red along with most counters...

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