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Moody’s sees May inflation unchanged at 1.4%
Inflation in the Philippines is expected to hold steady at 1.4% in May, according to a forecast by Moody’s Analytics released Monday, reinforcing a broader regional trend of cooling commodity prices. The official announcement is scheduled for release by the Philippine Statistics Authority this Thursday.
Credit growth moderates as liquidity expansion cools
Bank lending growth continued to moderate in April, mirroring a deceleration in domestic liquidity, according to the Bangko Sentral ng Pilipinas (BSP), which reaffirmed its commitment to maintaining monetary conditions aligned with price and financial stability objectives.
BSP sees May inflation slowing further, signals cautious policy path
Inflation in the Philippines is expected to continue its downward trend in May, with the Bangko Sentral ng Pilipinas (BSP) projecting a year-on-year rate between 0.9 percent and 1.7 percent, the central bank said Friday.
Trade gap narrows as PH exports to US surge
The trade deficit narrowed significantly in April, reflecting a rare convergence of rising exports and declining imports. The foreign trade gap declined to USD3.5 billion, down from a revised USD4.5 billion in March, according to data released Friday by the Philippine Statistics Authority (PSA).
US appeals court temporarily reinstates Trump tariffs
A U.S. federal appeals court on Thursday temporarily reinstated President Donald Trump’s sweeping “reciprocal” tariffs, granting a stay on a lower court ruling that had declared the duties illegal and ordered their removal within 10 days.
