Tag: BSP
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T-Bill yields fall in wake of Fed rate cut
Average yields on treasury bills continued to decline at Monday’s auction, driven by expectations of further local monetary easing following the U.S. Federal Reserve’s decision last week to cut interest rates.
Inflation accelerates in August on higher food prices
Headline inflation accelerated in August, climbing to 1.5 percent from 0.9 percent in July, as food prices—particularly for fish and vegetables—rose amid supply bottlenecks caused by a series of storms and widespread flooding, the Philippine Statistics Authority (PSA) reported on Friday.
Drop in rice, poultry, fish prices could slow August inflation
A sharp decline in rice, poultry, and fish prices during the second half of August signals a favorable trend toward continued easing of inflation.
Rice, utilities costs pull down July inflation to 6-year low
Inflation in the Philippines eased to its lowest level in six years in July, driven by falling prices of rice, other food items, and utilities. The headline inflation rate slowed to 0.9 percent, down from 1.4 percent in June, according to the Philippine Statistics Authority (PSA).
Inflation edges higher on housing, education
Headline inflation in the Philippines rose to 1.4 percent in June, up from May’s six-year low of 1.3 percent, driven by increased housing and utilities costs—especially electricity—and a seasonal increase in education services following the start of classes.
