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Wednesday, August 20, 2025

Tag: Inflation

Fuel prices to increase further after US strikes Iran—oil firms

Oil companies warned of possible further increases in pump prices this week after the U.S. initiated air strikes against Iran. “World oil prices could rise...

Oil price shock up: P5/liter

BSP warns oil risk plus peso depreciation may push inflation over 5% The Department of Energy warned domestic pump prices could increase by P5 per...

BSP slashes interest rate to 5.25% amid easing inflation

The Monetary Board of the Bangko Sentral ng Pilipinas (BSP) on Thursday reduced its policy rate by 25 basis points amid moderating inflation outlook. The...

INFLATION OUTLOOK.

The Economic Development Committee (EDCom) and the Subcommittee on Inflation Monitoring and Market Outlook (SC-IMMO) hold their first meeting on June 17, 2026. Presiding...

PH credit market poised for growth

TransUnion, a global information and insights company and the Philippines’ first comprehensive private credit reference agency, projects sustained momentum in the Philippine consumer credit...

Pinoys join consumers worldwide in pessimism over 2025 economy

Filipino consumers turned more pessimistic about the economy in the first quarter of 2025, mostly because of concerns over accelerating inflation, declining incomes and...

PH inflation drops to 1.3% in May, lowest since Nov 2019

The country’s inflation dropped below 2% in May, the lowest rate since November 2019, the Philippine Statistics Authority (PSA) said Thursday. According to the PSA,...

Romualdez says easing inflation brings immediate relief to families

House leaders led by Speaker Martin Romualdez on Thursday welcomed the continued drop in inflation to 1.3 percent in May 2025, the lowest since 2019,...

PCCI: P200 daily wage hike could lead to job cuts, higher inflation

The Philippine Chamber of Commerce and Industry (PCCI) on Wednesday night warned that the House-approved P200 daily wage hike could trigger job losses and...

PH economy doubles, catches up with ASEAN

The Philippine economy has nearly doubled in size over the past 15 years, enabling it to catch up with its peers in the Association...

Japan farm minister resigns over free rice gaffe

Tokyo, Japan—Japan's farm minister resigned Wednesday after saying he never buys rice because he gets it for free, a remark that drew public fury in...

Sari-sari store monthly spending hits 2-year low

Filipinos’ monthly spending at sari-sari stores dropped to its lowest in two years, averaging P689 in 2024 despite easing inflation, according to the latest...

Inflation drops to pre-pandemic low of 1.4% in April

Consumer prices continued its downward trend in April, falling to 1.4 percent – the lowest rate since November 2019, the Philippine Statistics Authority (PSA)...

PSEi declines on profit-taking as investors wait for catalysts

Philippine shares ended lower on Monday as investors took profits while waiting for fresh leads. The 30-company Philippine Stock Exchange index declined 52.23 points or...

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