Philippine-Economy.com

Daily Archive: March 5, 2019

Agriculture / Manufacturing

NEDA: MODERNIZATION OF RICE INDUSTRY TO IMPROVE MANUFACTURING

MANILA – An easing of inflationary pressures, especially on food following the recent signing of the law that modernizes the rice industry in the country, bodes well for overall manufacturing growth, the National Economic and Development Authority said as manufacturing output figures for January 2019 were released.

Inflation / Manufacturing

NEDA: EASING INFLATION TO IMPROVE MANUFACTURING

MANILA – An easing of inflationary pressures, especially on food following the recent signing of the law that modernizes the rice industry in the country, bodes well for overall manufacturing growth, the National Economic and Development Authority said as manufacturing output figures for January 2019 were released.

Inflation

JOINT STATEMENT ON FEBRUARY 2019 INFLATION

We, the economic managers, are pleased by the report that the country’s inflation rate slid further to 3.8 percent in February as price levels start to normalize and settle back to the government’s target. This is appreciably lower than the 4.4 percent rate in January, which shows the government’s resolve coupled with the appropriate measures to rein in inflation.