DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
Lisa Marie David - 1 Ferdinand Marcos Jr - 1 Marcos - 1 September's - 1 Nicholas Mapa - 1 Neil Jerome Morales - 1 Mikhail Flores - 1 Karen Lema - 1
Top related locs:
Manila Philippines MANILA
Top related orgs:
REUTERS - 1 Philippine Statistics Authority - 1 Philippine - 1 ng Pilipinas - 1 ING - 1 Christian - 1 Thomson - 1

Search resuls for: "Philippine Statistics Authority"


3 mentions found


☆ Philippines inflation rate quickens for second month on rice gains
  + stars: | 2023-10-05 | by ( Neil Jerome Morales Mikhail Flores | Neil Jerome Morales | Mikhail Flores | ) www.reuters.com   time to read: +2 min
A double-digit gain in the price of rice drove annual inflation to accelerate by 6.1% last month, its fastest pace in four months, according to data from the Philippine Statistics Authority released on Thursday. The country's economic planning agency on Thursday said it would recommend extending the lowered tariff rates on rice until December 2024, a day after Philippine President Ferdinand Marcos Jr lifted the cap on rice prices. Rice inflation quickened by 17.9% in September, the fastest in over 14 years, the statistics authority said, helping fuel the 10.0% food inflation rate for the month. September's faster-than-expected inflation could convince the Bangko Sentral ng Pilipinas (BSP) to resume hiking rates after it left its benchmark rate (PHCBIR=ECI) steady at its last two meetings. Last month's inflation print brought year-to-date average inflation to 6.6%.
Persons: Lisa Marie David, Ferdinand Marcos Jr, Marcos, September's, Nicholas Mapa, Neil Jerome Morales, Mikhail Flores, Karen Lema, Martin Petty Organizations: REUTERS, Philippine Statistics Authority, Philippine, ng Pilipinas, ING, Christian, Thomson Locations: Manila, Philippines, MANILA
☆ Philippines: Onions so expensive they're being smuggled into the country
  + stars: | 2023-01-10 | by ( Kathleen Magramo | ) edition.cnn.com   time to read: +4 min
The price surge comes after a spate of super typhoons hit the Philippines last year, damaging tens of billions of pesos worth of crops. Ombudsman Samuel Martires was quoted this week by CNN affiliate CNN Philippines as saying he was looking into the possibility of price manipulation. Smuggling onionsOnions have become such a hot commodity that they’re being smuggled into the country. Two days earlier, $364,000 worth of red onions from China found hidden in pastry boxes were also seized by Customs. President Ferdinand Marcos Jr. said he hoped to find a way to sell the smuggled onions to “reduce the supply problems” the country was facing.
☆ Philippines October inflation at highest since December 2008
  + stars: | 2022-11-04 | by ( ) www.reuters.com   time to read: +1 min
MANILA, Nov 4 (Reuters) - Philippine annual inflation accelerated to 7.7% in October (PHCPI=ECI), the highest since December 2008 and up from the previous month's 6.9%, the statistics agency said on Friday. Last month's inflation rate was above the 7.1% median forecast in a Reuters poll, and near the top end of the central bank's 7.1% to 7.9% forecast for the month. Inflation in January-October averaged 5.4%, well outside the official full-year target range of 2% to 4%. Core inflation, which strips out volatile food and fuel items, increased to 5.9% in October from an upwardly revised 5.0% in September, the Philippine Statistics Authority said. Reporting by Neil Jerome Morales; Writing by Enrico Dela Cruz Editing by Ed DaviesOur Standards: The Thomson Reuters Trust Principles.
0 next >>
Total: 3