Category: Inflation

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.

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.

ECONOMIC MANAGERS’ JOINT STATEMENT ON THE NOVEMBER 2018 INFLATION

The economic managers are pleased to report that inflation rate has markedly slowed to 6.0 percent in November 2018, suggesting the efficacy of anti-inflationary measures taken by the government and pointing to continuing reduction going forward. Today, the Philippine Statistics Authority announced that year-on-year inflation eased...

INFLATION REMAINS MANAGEABLE IN JANUARY 2013

MANILA—Higher food and power prices and the implementation of the new sin tax law pushed headline inflation slightly higher to 3.0 percent in January 2013, according to the National Economic and Development Authority (NEDA)....