Tag: inflation
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Philippine inflation hits 4.1% on rising costs
Headline inflation in the Philippines accelerated to 4.1 percent in March, the fastest pace since July 2024 when inflation hit 4.4 percent, driven by higher food prices and surging fuel costs, according to data released Tuesday by the Philippine Statistics Authority.
Economic Planning chief warns oil shock may worsen poverty, slow growth
Economic Planning Secretary Arsenio Balisacan cautioned lawmakers that a prolonged Middle East conflict could trigger a severe economic shock in the Philippines, with surging oil prices threatening to reverse gains in poverty reduction.
No cheers for shares of Cheerios maker
Shares of General Mills tumbled 7 percent Tuesday after the Cheerios maker slashed its full-year sales and profit outlook, blaming stubborn inflation and a “challenging” consumer backdrop for squeezing volumes.
Food prices edge upward in early February, risks build
Food prices are beginning to stir, hinting at fresh inflationary pressure, according to the latest price situationer released by the Philippine Statistics Authority (PSA).
Real inflation villain isn’t demand—it is supply
Inflation in the Philippines has a familiar villain. Every few years, prices surge, household budgets snap, and policymakers reach for the same lever that raises interest rates. But new research suggests they may be shadowboxing the wrong enemy.
