High food prices tagged as poor families’ inflation hits 8%

Inquirer.net 10/22/2018

FOR AUGUST High food prices pushed up inflation among the country’s poorest families to 8 percent year-on-year in August, the government reported Monday. The rate of increase in prices of basic goods among those belonging to the…

Oil companies to implement rollback on Monday

Zena Magto 10/21/2018

Oil companies are set to implement a rollback in the prices of gasoline at 6 a.m. on Monday (October 22). Gasoline prices will be reduced by P1.60 to P1.90 per liter, and P0.90 to P1 per liter…

The interaction of inflation, interest rates, and GDP

Fernando Fajardo 10/18/2018

An excise tax not only raises the price of the product directly and make the poor to suffer more; it also lowers output and create more joblessness among the poor. The government is lowering its real GDP…

Inflation not likely to hit 7% – BSP

Inquirer.net 10/17/2018

INFLATION is seen peaking in October or November but will unlikely hit 7 percent, a member of the Bangko Sentral ng Pilipinas’ policymaking Monetary Board said Tuesday. The Cabinet-level Development Budget Coordination Committee, meanwhile, raised its 2018…

BSP: Inflation to peak in October or November

Inquirer.net 10/16/2018

Inflation is seen peaking in October or November but would unlikely hit 7 percent, a member of the central bank’s policy-making Monetary Board said Tuesday. The Cabinet-level Development Budget Coordination Committee raised its 2018 inflation forecast range…

Saturday fuel price slash: 60 to 85 centavo/liter cuts implemented

Inquirer.net 10/14/2018

OIL firms on Saturday (Oct. 13) cut pump prices of diesel by as much as 65 centavos per liter and of gasoline by 85 centavos per liter, ending a nine-week rally that raised prices by a total…

Flour, bread groups vow to keep prices stable

Inquirer.net 10/13/2018

Prices of bread and flour will likely remain stable even with the coming Christmas season and supply problems that may lead to an increase in market prices. This after the Department of Trade and Industry met separately…

Biz leaders: Gov’t agencies can help ease rising inflation

Jose Santino S. Bunachita 10/08/2018

Cebu business leaders are pinning their hopes on government agencies to really temper down the increase in prices of commodities, as economists believe that inflation is already peaking. However, they acknowledge that other factors may come into…

Inflation may have peaked, says BSP deputy governor

Inquirer.net 10/07/2018

Measures taken by the government to rein in surging consumer prices have started to make themselves felt as the inflation rate for September, though higher than the previous month’s, came in lower than most analysts’ expectations, the…

Palace blames rising fuel prices for record-high 6.7% inflation

Inquirer.net 10/05/2018

While believing that it can still be solved, House Speaker Gloria Macapagal-Arroyo has called on President Rodrigo Duterte’s economic team to “move faster” on their implementation of policies to ease up the accelerating inflation. Arroyo’s statement came…

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