PH December inflation eases to 3.9%

Ian Nicolas P. Cigaral 01/05/2024

MANILA  — In December, inflation decreased for the third consecutive month, despite the typical increase in demand during the holiday season. This was attributed to slower rises in utility expenses and the prices of certain essential food…

Rama: LCP National Executive Board to tackle inflation concerns

Wenilyn Sabalo 03/25/2023

CEBU CITY, Philippines — Concerns on inflation, that is affecting especially the prices of basic commodities, is among the issues for discussion in the next National Executive Board Meeting (NEBM) of the League of Cities of the…

Inflation in Central Visayas jumps to 8.5-percent in December 2022

Morexette Marie B. Erram 01/09/2023

CEBU CITY, Philippines – Inflation, which measures the general increase of costs in basic goods and services, in Central Visayas jumped to an all-time high last December 2022. The region’s inflation accelerated to 8.5 percent in December…

Inflation in Central Visayas accelerates to 8.1% in Sept.

Morexette Marie B. Erram 10/12/2022

CEBU CITY, Philippines – For five consecutive months, inflation, which is used to measure the general increase in the prices of goods and services, continues to rise in Central Visayas. The Philippine Statistics Authority here (PSA-7) reported…

RDC-7: 42,000 metric tons of crops lost to Super Typhoon Odette

Wenilyn B. Sabalo 06/26/2022

CEBU CITY, Philippines — At least 42,454 metric tons of crops were lost when Super Typhoon Odette hit Cebu and other parts of the Visayas and Mindanao on December 16, 2021. This was according to the first…

May 2022 inflation rate in Central Visayas at 5.3% — PSA-7

Morexette Marie B. Erram 06/19/2022

CEBU CITY, Philippines – While the rest of the country saw an increase in inflation rates, it was the opposite for Central Visayas.  The regional bureau of the Philippine Statistics Authority in Central Visayas (PSA-7), in a…

NEDA-7: Consumer demand needs to rise to improve economy

Delta Dyrecka Letigio 02/26/2021

CEBU CITY, Philippines — The National Economic and Development Authority in Central Visayas (NEDA-7) said that in order to boost economic revival the consumer demand would need to rise. In their report to the Regional Development Council…

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…

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…

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