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Philippine annual inflation quickens to 2.9% in December
MANILA (Reuters) -Philippine annual inflation quickened for a third straight month in December due to the faster pace of increases in food and utility costs, the statistics agency said on Tuesday. The consumer price index (CPI) rose 2.
December headline inflation 'quickened' to 2.9%
The Philippine Statistics Authority released its December Consumer Price Index data and revealed that headline prices were up 2.9% y/y from December 2023, and up 0.5% from the previous month
Philippine Inflation Rises To 2.9%, Highest In 4 Months
The Philippines' consumer price inflation accelerated more than expected in December to the highest level in four months, data from
December inflation sped up to 2.9%, fastest in 4 months
Inflation continued its uptrend in December 2024 to post its fastest increase in four months, but the price growth remained benign which, in turn, helped the Bangko Sentral ng Pilipinas (BSP) achieve its annual inflation target for the first time in three years.
Inquirer on MSN
3h
Forex reserves miss 2024 goal
The Philippines’ dollar buffers declined in December due to outflows stemming from the Bangko Sentral ng Pilipinas’ (BSP) ...
pna
19h
PH gross international reserves at US$106.8B as of end-Dec. 2024
The Bangko Sentral ng Pilipinas (BSP) said on Tuesday that preliminary data showed the country's gross international reserves ...
7h
Manila plans ‘measured’ rate cuts as risks linger
The Philippine central bank pledges to maintain a “measured approach to monetary policy easing” as upside risks to inflation ...
Inquirer on MSN
11h
Inflation speeds up to 2.9% in December 2024 — PSA
Inflation quickened to 2.9 percent in December, faster than the 2.5 percent recorded in November on the back of higher prices ...
manilastandard
17h
GIR declined to $106.84b in December
The Philippines’ gross international reserves (GIR) fell to $106.84 billion as of end-December 2024 from the end-November ...
pna
1d
PH, Japan central banks maintain swap deal at $12B
The Philippines and Japan have renewed Bilateral Swap Arrangement (BSA), maintaining a swap deal worth up to USD12 billion ...
developingtelecoms.com
1d
Philippines central bank ends ban on electronic money issuers
Philippines central bank, The Bangko Sentral ng Pilipinas (BSP) says it has lifted its moratorium on new electronic money ...
manilastandard
17h
PH, Japan renew bilateral swap deal
The Bank of Japan, acting as agent for the Minister of Finance of Japan, and the Bangko Sentral ng Pilipinas signed the ...
19d
on MSN
Philippines Central Bank Cuts Policy Rate for Third Time, Signals Cautious Easing Ahead
Bangko Sentral ng Pilipinas Gov. Eli Remolona said that the central bank would lower its benchmark overnight reverse ...
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