Economist warns inflation to remain high in 2018

Jose Santino S. Bunachita 03/07/2018

The effects of the government’s first tax reform package will continue to be felt by Cebuanos and Flipinos in general. Cebu-based economist Fernando “Perry” Fajardo explained that while the Tax Reform for Acceleration and Inclusion (Train) law…

February inflation surges to 4.5%

Inquirer.net 03/07/2018

Consumer prices further rose at a faster pace in February as prices of food and beverage as well as “sin” products continued to increase partly as a result of the first tax reform package that took effect…

Exec: Biz competitiveness to temper inflation rate

Jose Santino S. Bunachita 02/06/2018

AMID a 39-month high inflation rate of four percent last January, business leaders in Cebu remain confident that this will soon stabilize. And one important factor in normalizing the rate of inflation in the country is business…

Inflation up 4% in January

Inquirer.net 02/06/2018

39-MONTH HIGH As average consumer prices increase due to the new or higher excise taxes slapped on a number of products under the Tax Reform for Acceleration and Inclusion (TRAIN) Act, inflation rose 4 percent year-on-year in…

Inflation may rise as high as 4% due to Train, says Lacson

Inquirer.net 01/11/2018

CITING his talks with former and incumbent Bureau of Internal Revenue (BIR) officials, Sen. Panfilo Lacson warned on Thursday that inflation could rise as high as 4 percent because of the new Tax Reform for Acceleration and…

Inflation eases to 3.2% in Dec.

Inquirer.net 01/03/2018

INFLATION likely slightly eased to 3.2 percent year-on-year in December as food prices remained stable despite the Christmas holiday celebrations, the Department of Finance said on Wednesday. In an economic bulletin, DOF Undersecretary and chief economist Gil…

CV Oct. inflation at 3%; consumer prices unchanged

Victor Anthony V. Silva 11/07/2017

DESPITE an uptick in national headline inflation last month, consumer prices in Central Visayas remained unchanged in October compared to September this year. Data from the Philippine Statistics Authority (PSA) released Tuesday showed that the regional headline…

Inflation up 3.4% in September due to higher food prices

Inquirer.net 10/05/2017

INFLATION rose 3.4 percent year-on-year in September, a five-month high, which the government on Thursday mostly blamed on higher food prices due to weather disturbances that month. The latest Philippine Statistics Authority (PSA) data showed that the…

Stable prices up to year-end as inflation drops, says Neda

Inquirer.net 07/05/2017

Inflation in June fell to a five-month low of 2.8 percent, such that state planning agency National Economic and Development Authority (Neda) on Wednesday said it expects stable prices until year-end to support economic growth. The latest…

Veggies seen to ease May inflation at 3.2%

Inquirer.net 05/30/2017

Manila — The Department of Finance sees inflation slightly easing to 3.2 percent year-on-year in May on the back of lower prices of food items such as vegetables. In a report to Finance Secretary Carlos G. Dominguez…