Tag: inflation
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Transport costs cool, but core inflation firms in May
Philippine headline inflation eased to 6.8 percent in May from 7.2 percent in April, coming in below the Bangko Sentral ng Pilipinas’ (BSP) projected range of 7.1 percent to 7.9 percent as transport costs and food price increases moderated, according to data released Friday by the Philippine Statistics Authority (PSA).
AMRO downgrades Philippine growth as inflation risks rise
The Philippines is poised for slower economic growth and higher inflation over the next two years as escalating geopolitical tensions in the Middle East drive up energy and commodity costs, prompting the ASEAN+3 Macroeconomic Research Office (AMRO) to downgrade its economic outlook for the country.
Strong demand steadies T-bill yields amid inflation worries
Treasury bill yields were mixed at Monday’s auction as robust investor demand helped temper the impact of mounting inflation concerns on short-term government debt.
Inflation fears keep T-Bill rates elevated
Treasury bill yields ended mixed at Monday’s auction as persistent inflation risks, slowing growth concerns, and global market uncertainty continued to keep borrowing costs elevated.
Inflation jitters weigh on Philippine peso, stocks
The peso and Philippine equities continued to face mounting pressure as investors grappled with persistent inflation concerns, global market volatility, and cautious sentiment over the domestic outlook.
