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    Tag: PSA

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    Unemployment rises in June to 3.7% —PSA

    The Philippines’ unemployment rate in June rose to 3.7 percent, up from 3.1 percent a year earlier, according to the latest Labor Force Survey released Wednesday by the Philippine Statistics Authority (PSA). 

    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).

    T-Bill yields mixed as slew of data loom

    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.

    Electronics sales fuel export surge in June, trade deficit narrows

    Philippine exports soared 26 percent year-on-year in June 2025 to USD7.02 billion, driven by a sharp rise in electronic product shipments, which helped narrow the country’s trade deficit to USD3.95 billion from USD 4.34 billion a year earlier, according to data from the Philippine Statistics Authority (PSA).

    Better weather boosts 1H rice, corn output—PSA data

    Palay production in the first half of 2025 is estimated to have reached 9.08 million metric tons, up 6.4 percent from 8.53 million tons in the same period last year.

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    Lender boosts loan program with special rates, perks

    The Bank of the Philippine Islands (BPI) is reinforcing its commitment to empowering Filipinos by enhancing accessibility to its services. Through its suite of retail loan products, BPI is helping make vehicle, home, and motorcycle ownership more achievable while offering special anniversary rates, waived fees, and exclusive partner discounts.

    AllHome 1H profit plunges on weak property demand

    AllHome Corp., the retail and wholesale arm of the Villar Group, reported a steep decline in profit for the first half of the year, citing soft demand for construction and furnishing products amid a sluggish real estate market.

    Fed chair Powell hints at September rate cut 

    Federal Reserve Chair Jerome Powell signaled Friday that the U.S. central bank may cut interest rates at its next policy meeting in September, citing growing risks to the labor market and ongoing inflation pressures.

    DA eyes quality shift as imported rice gains ground

    Agriculture Secretary Francisco P. Tiu Laurel Jr. has instructed the Rice Industry Development Office (RIDO), led by Undersecretary Christopher Morales, to closely examine the apparent shift in Filipino rice preferences, as demand for imported rice—particularly Vietnamese varieties—continues to grow.

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