February 05, 2021 The Philippine Statistics Authority reported today that the country’s headline inflation rate accelerated to 4.2 percent in January 2021, from 3.5 percent in the previous month. This is the fastest inflation rate in two years since the 4.4 percent inflation recorded in January 2019. Despite the higher inflation rate in January, the National Economic continue reading : GOVERNMENT PROACTIVELY ADDRESSING HIGHER INFLATION – NEDA
2020 FULL-YEAR INFLATION SETTLES BELOW MIDPOINT OF GOV’T TARGET
January 05, 2021 Despite upside risks, the Philippines’ full-year inflation rate for 2020 settled below the midpoint of the Bangko Sentral ng Pilipinas’ (BSP) target range for the year, the National Economic and Development Authority said. The Philippine Statistics Authority reported today that in December 2020, the country’s headline inflation rate accelerated to 3.5 percent, continue reading : 2020 FULL-YEAR INFLATION SETTLES BELOW MIDPOINT OF GOV’T TARGET
INFLATION REMAINS LOW AND STABLE, BUT UPSIDE RISKS REMAIN
October 7, 2020 The overall inflation rate recorded in September 2020 remains low and stable, but some upside risks remain, the National Economic and Development Authority (NEDA) said. The country’s overall inflation slightly eased to 2.3 percent in September 2020 from 2.4 percent in the preceding month, which brings the year-to-date inflation to 2.5 percent. continue reading : INFLATION REMAINS LOW AND STABLE, BUT UPSIDE RISKS REMAIN
STATEMENT OF ACTING SOCIOECONOMIC PLANNING SECRETARY KARL KENDRICK T. CHUA AT THE #ASKNEDA MEDIA BRIEFING | July 10, 2020
#ASKNEDA MEDIA BRIEFING STATEMENT OF ACTING SOCIOECONOMIC PLANNING SECRETARY KARL KENDRICK T. CHUA July 10, 2020 | 10:30AM Colleagues in government, friends from the media, fellow Filipinos, a pleasant morning to all of you. Welcome to another #AskNEDA Media Briefing, where we will be discussing recent economic developments and our digital readiness in the new continue reading : STATEMENT OF ACTING SOCIOECONOMIC PLANNING SECRETARY KARL KENDRICK T. CHUA AT THE #ASKNEDA MEDIA BRIEFING | July 10, 2020
PH GOV’T MUST ADDRESS SUPPLY, PRICE ISSUES AMID COVID-19 SPREAD – NEDA
April 7, 2020 The government must be proactive in addressing supply bottlenecks and implementing price control measures on necessities following the spread of COVID-19, said the National Economic and Development Authority. The country’s headline inflation decelerated for the second month to 2.5 percent in March 2020, from 2.6 percent in February 2020 and 3.3 percent continue reading : PH GOV’T MUST ADDRESS SUPPLY, PRICE ISSUES AMID COVID-19 SPREAD – NEDA
GOV’T NEEDS TO BE VIGILANT AGAINST RISKS TO INFLATION OUTLOOK – NEDA
March 5, 2020 The government needs to remain vigilant and well-positioned against possible risks to inflation in the country, said the National Economic and Development Authority. Headline inflation eased to 2.6 percent in February 2020, lower than the 2.9 percent recorded in the previous month and the 3.8 percent inflation in February 2019. This brings continue reading : GOV’T NEEDS TO BE VIGILANT AGAINST RISKS TO INFLATION OUTLOOK – NEDA
PH CANNOT BE COMPLACENT AMID STABLE INFLATION OUTLOOK – NEDA
February 05, 2020 The government remains vigilant as upside risks have emerged from several unexpected phenomena and despite a stable inflation outlook for 2020, said the National Economic and Development Authority. The country’s headline inflation accelerated to 2.9 percent in January 2020 from 2.5 percent in the preceding month. The Bangko Sentral ng Pilipinas projects continue reading : PH CANNOT BE COMPLACENT AMID STABLE INFLATION OUTLOOK – NEDA
2019 FULL-YEAR INFLATION SETTLES WITHIN GOV’T TARGET
January 7, 2020 The National Economic and Development Authority (NEDA) is pleased with the news that the full-year inflation for 2019 settled at 2.5 percent, which is well within the government target of 2.0 to 4.0 percent. The Philippine Statistics Authority (PSA) reported today that the country’s headline inflation for December 2019 further accelerated, as continue reading : 2019 FULL-YEAR INFLATION SETTLES WITHIN GOV’T TARGET
SUFFICIENT FOOD SUPPLY, DISASTER RECOVERY & REHAB EFFORTS VITAL IN MANAGING INFLATION – NEDA
December 5, 2019 Government should ensure sufficient food supply and manage upside risks such as the impact of Typhoon Tisoy and the African Swine Fever (ASF) to handle inflation, the National Economic and Development Authority said. The Philippine Statistics Authority reported today that the country’s headline inflation accelerated to 1.3 percent. ‘This is mainly driven continue reading : SUFFICIENT FOOD SUPPLY, DISASTER RECOVERY & REHAB EFFORTS VITAL IN MANAGING INFLATION – NEDA
INFLATION SEEN WITHIN TARGET FOR 2019
November 5, 2019 The National Economic and Development Authority expects 2019 full-year inflation to settle within the government’s target of 2.0 to 4.0 percent as inflation continued to decelerate for the fifth straight month in the year. The Philippine Statistics Authority reported today that the country’s headline inflation eased to 0.8 percent in October 2019, continue reading : INFLATION SEEN WITHIN TARGET FOR 2019
RICE TARIFFICATION LAW PROVES IT IS BENEFICIAL —NEDA
October 4, 2019 The National Economic and Development Authority expects inflation to further ease in the near term due to higher supply of rice in the country allowed by the Rice Tariffication Law (RTL). The Philippine Statistics Authority reported today that the country’s headline inflation slowed further to 0.9 percent in September 2019, the lowest continue reading : RICE TARIFFICATION LAW PROVES IT IS BENEFICIAL —NEDA
RICE DEFLATION CONTINUES FOR 4TH CONSECUTIVE MONTH
September 5, 2019 MANILA— The National Economic and Development Authority expects the Rice Liberalization Act to further bring down the price of rice as inflation slows down to its lowest rate in 35 months. The Philippine Statistics Authority reported today that the country’s headline inflation eased to 1.7 percent in August 2019, bringing the continue reading : RICE DEFLATION CONTINUES FOR 4TH CONSECUTIVE MONTH
JULY INFLATION SLOWEST IN 31 MONTHS
The National Economic and Development Authority expects inflation to settle within the government’s target of 2.0 to 4.0 percent this year as it further slides to its slowest rate in 31 months. The Philippine Statistics Authority reported today that the country’s headline inflation eased to 2.4 percent in July 2019, bringing the year-to-date inflation to continue reading : JULY INFLATION SLOWEST IN 31 MONTHS
STATEMENT OF THE NATIONAL ECONOMIC AND DEVELOPMENT AUTHORITY ON JUNE 2019 INFLATION
July 5, 2019 Inflation in June 2019 eased to its slowest pace in 22 months, but we still need to caution against upside risks, including weather-related shocks and uncertainties in the global oil market. The Philippine Statistics Authority reported today that the country’s headline inflation declined to 2.7 percent in June 2019 mainly due to continue reading : STATEMENT OF THE NATIONAL ECONOMIC AND DEVELOPMENT AUTHORITY ON JUNE 2019 INFLATION
EL NIÑO CAUSES SLIGHT INFLATION UPTICK IN MAY 2019
June 05, 2019 Government must take proactive and long-term solutions to address the El Niño phenomenon, which caused consumer prices to inch up last month, the National Economic and Development Authority said. The Philippine Statistics Authority reported today that headline inflation rate edged up slightly to 3.2 percent in May 2019 after posting a 16-month continue reading : EL NIÑO CAUSES SLIGHT INFLATION UPTICK IN MAY 2019
