Inflation accelerates to 2.3% in October 2024
The Philippines’ inflation rate clocked in at 2.3% for the month of October, the Philippine Statistics Authority (PSA) reported on Tuesday. During a press conference, National Statistician and PSA chief Undersecretary Claire Dennis Mapa said that ...
Inflation up 2.3% in Oct
MANILA, Philippines — Higher prices of key food items, particularly rice, and transport pushed inflation higher in October, the Philippine Statistics Authority (PSA) reported on Tuesday. Consumer price growth rose to 2.3 percent last month, higher than ...
Inflation rate at 2.3% in October 2024
THE Philippines’ inflation rate went up to 2.3 percent in October from 1.9 percent in September 2024, bringing the year-to-date average inflation to 3.3.In a st
October inflation settles at 2.3%
Inflation continued to settle within the government's 2 to 4 percent target despite a slight uptick in October this year. In a briefing on Tuesday, National Statistician Dennis Mapa said headline inflation during the month was at 2.
Philippine inflation rises to 2.3% in October
October’s headline inflation accelerated due to higher prices in food, nonalcoholic beverages and transport, the Philippine Statistics Authority (PSA) said on Tuesday. Preliminary data from the agency showed that the consumer price index (CPI) increased by 2.
Higher rice prices push inflation up to 2.3% in October 2024
By commodity, rice is the top contributor to the overall inflation rate in October 2024, as it increases to 9.6%
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BSP: Inflation on track to ease despite October uptick
The country’s inflation rate is still on track to decrease over the upcoming quarters, according to the Bangko Sentral ng Pilipinas (BSP). This assessment by the central bank came after the Philippine ...
On-Target Philippine Inflation Gives Room for More Rate Cuts
Philippine inflation quickened within market expectations in October, giving the central bank room to sustain its easing ...
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October inflation projected at 2% to 2.8% — BSP
MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) has projected October 2024 inflation to range between 2% and ...
Philippines Braces for Another Typhoon After Storms Swamp Crops
The Philippines is set to be drenched by its fourth storm in just over a month, which threatens to add to a growing tally of crop losses that total at least 11.5 billion pesos ($197 million) this year ...
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The Philippines’ 2025 Budget, Explained
The expanded budget confirms the Marcos administration’s commitment to financing scaled up public spending by borrowing and ...
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Inflation: Why and Who
From “Lamia” in ancient Greek to “Mangtae Hal-abeoji” in South Korea, almost every culture has a mythical monster whose name evokes fear in misbehaving children. The terror-generating beast used for ...
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October inflation accelerates to 2.3%
MANILA, Philippines — October 2024’s inflation rate quickened to 2.3% following a record low of 1.9% in September 2024, ...