Taming inflation

Cielito F. Habito - @inquirerdotnet 11/09/2021

Among economic issues, rising prices always tops the list of people’s worries. Surveys consistently show inflation management to yield the lowest approval rating in the list of items respondents are asked to judge the government on. There…

Asian markets mixed as inflation fears play against recovery hopes

Agence France Presse 02/18/2021

HONG KONG – Asian markets were mixed Thursday on profit-taking and growing worries about inflation, which offset long-running optimism about the global recovery as vaccines are rolled out, infection rates slow and Joe Biden’s stimulus winds through…

Prices kept low by gov’t fiat don’t work

Solita Callas-Monsod - @inquirerdotnet 02/13/2021

The front-page picture of empty meat market stalls in this newspaper’s Tuesday issue recalled to mind the same scene I witnessed in a market somewhere in China 50 years ago. A group of Filipinos headed by Charito…

Economists urge more food imports to temper price spikes

Ben O. de Vera - Reporter / @bendeveraINQ 02/06/2021

MANILA, Philippines — More economists are urging greater importation in view of expensive food that jacked up the inflation rate to a two-year high of 4.2 percent year-on-year in January. “Our priority right now is to ensure…

Price hikes likely to remain muted as Aug. inflation comes in below BSP’s forecast

Daxim L. Lucas - Reporter / @daxinq 09/04/2020

MANILA, Philippines — Price pressures on basic goods and services will likely remain muted over the near term, according to the central bank, as it welcomed the lower-than-expected August inflation rate which came in below the monetary…

PH braces for inflation spike

Ben O. de Vera 03/06/2020

Even as inflation eased to 2.6 percent in February, the Philippines is bracing for faster-than-expected increases in consumer prices as China’s manufacturing sector reels from the impact of the COVID-19 outbreak. Deputy National Statistician Lourdines dela Cruz…

2019 inflation settles at 3-year low of 2.5%

Ben O. de Vera 01/08/2020

Inflation rose by 2.5 percent year-on-year in December last year amid seasonal price increases during the Christmas holidays and the typhoons that jacked up food prices, the government reported Tuesday. For the entire 2019, headline inflation averaged…

Oil, pork prices being watched as possible inflation drivers

Daxim L. Lucas 10/25/2019

Prices of basic goods and services could start an uphill climb again next year, though slower than their pace in 2018, if projections of a rise in oil and pork prices, which the central bank called “challenges,”…

Inflation eased to 2-year low of 2.4% in July

08/06/2019

MANILA, Philippines — Inflation further eased to 2.4 percent year-on-year in July mainly due to stable food prices, including declining retail prices of rice, the government reported Tuesday. The rate of increase in prices of basic commodities…

Inflation further slows to 3.8% in February

Inquirer.net 03/05/2019

MANILA, Philippines — Inflation further slowed to 3.8 percent year-on-year in February, the slowest rate of increase in prices of basic goods in a year. Headline inflation returned within the government’s full-year target range of 2-4 percent…

Cebu firms to feel adverse impact of additional excise tax on fuel

Irene R. Sino Cruz 01/15/2019

CEBU CITY, Philippines — Businesses face rising operating costs and lower net income due to the imposition of the additional P2 excise tax on oil products. Bob Gothong, chief executive officer of Gothong Southern group, admitted that…

Train, rising inflation shake businesses, economy in 2018

Jose Santino S. Bunachita 12/27/2018

YEAREND REPORT First of two parts The year 2018 has brought a lot of “economic shocks” not just for the local business community in Cebu but for the entire country. Right at the start of the year,…

We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.