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).
Treasury bill yields moved mostly lower at Monday’s auction, as investors braced for a raft of key economic reports that could influence future monetary policy direction.
Rice prices may continue to ease inflationary pressure this July, even as the cost of other key food items rises with the onset of the rainy season, according to preliminary data from the Philippine Statistics Authority (PSA).
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.
Inflation in June appears poised to continue its descent following May’s six‑year low of 1.3 percent—a drop largely fueled by a sharp decline in rice prices, according to the Philippine Statistics Authority (PSA).
Prime Infrastructure (Prime Infra) has launched Prime Kalikasan: Greener Prime, Greater Future, a tree planting initiative aimed at reinforcing its environmental sustainability efforts. The program kicked off on September 5 and 6 at Prime Infra’s waste management sites in Porac, Pampanga and Barangay Binaliw, Cebu City.
Flag carrier Philippine Airlines (PAL) is set to launch a new Cebu-Calbayog route starting October 26, with four weekly flights, as part of its ongoing efforts to strengthen Cebu as a key regional aviation hub.
GCash has upgraded its GStocks feature through a strategic partnership with InvestaTrade, the stock trading arm of Investa, to deliver a more accessible and beginner-friendly investing experience within its mobile app.
Globe GFiber Prepaid has emerged as the country’s leading prepaid fiber service, posting a 37 percent growth in Q2 2025. With its affordable, contract-free, and reloadable setup, the service has captured the mass market, reinforcing Globe’s dominance in the fixed broadband space.