Philippines February CPI slows but rate hike still on the table
MANILA - Philippine annual inflation eased for the first time in six months in February owing to lower transport and food prices, but it...
Nov. trade deficit widest in 2 months; imports fall for first time in almost...
THE PHILIPPINES’ trade deficit widened to two-month high of $3.68 billion in November, as exports growth slowed while imports dropped for the first time...
PSA: Exports rise in Oct. while imports ease
The country’s trade balance of trade deficit further narrowed to a $3.307-billion deficit in October as exports growth rose while imports eased, the Philippine...
Manufacturing output increases in October
By Bernadette Therese M. Gadon
Factory output rose for the fifth straight month in October, the Philippine Statistics Authority (PSA) reported on Wednesday morning.
Preliminary results...
Oct. jobless rate hit record low of 4.5%
The country's unemployment rate continued to ease to record low of 4.5% in October under the 2005 revision of the Labor Force Survey, the...
Philippines inflation at 14-year high, backs case for 50 bps rate hike
MANILA - Philippine annual inflation surged to a 14-year high in November driven mainly by higher food prices, the statistics agency said on Tuesday,...
October balance of payments at $711M surplus
The Philippines' overall balance of payments (BoP) position was a surplus of $711 million in October, lower than the $1.1 billion surplus recorded in...
Philippines posts Q3 GDP growth of 7.6%
MANILA - The Philippine economy expanded 7.6% in the third quarter from a year earlier, the statistics agency said on Thursday.
On a quarter-on-quarter basis,...
Philippines October inflation at highest since December 2008
Philippine annual inflation accelerated to 7.7% in October, the highest since December 2008 and up from the previous month's 6.9%, the statistics agency said...
Sept. trade deficit narrows to $4.8 billion
The country’s balance of trade deficit narrowed in September after imports growth slowed to a 19-month low while exports ended its two-month slump, the...
Philippines looking at market intervention to defend peso
MANILA — The Philippines will continue to use interest rates to mitigate against inflation and may step in to defend a depreciating peso, President Ferdinand Marcos Jr said on Tuesday.
Aug. trade deficit hit record $6 billion
The country's trade balance swung further into record $6-billion deficit in August as imports growth rose to a two-month high while exports slid for...