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...

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