STATEMENT OF SOCIOECONOMIC PLANNING SECRETARY ERNESTO M. PERNIA AT THE PRESS CONFERENCE ON THE PHILIPPINE ECONOMIC PERFORMANCE FOR THE FOURTH QUARTER AND FULL-YEAR OF 2019

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STATEMENT ERNESTO M. PERNIA, PhD Socioeconomic Planning Secretary Press Conference on the Performance of the Philippine Economy for the Fourth Quarter and Full-Year of 2019 January 23, 2020 | 10:00 a.m. Hampton Conference Hall, Second Floor, Astoria Plaza, Pasig City     Our partners from the Philippine Statistics Authority; Colleagues in government; Friends from the continue reading : STATEMENT OF SOCIOECONOMIC PLANNING SECRETARY ERNESTO M. PERNIA AT THE PRESS CONFERENCE ON THE PHILIPPINE ECONOMIC PERFORMANCE FOR THE FOURTH QUARTER AND FULL-YEAR OF 2019

NEDA CALLS FOR INDUSTRIAL POLICY PROPELLED BY INNOVATION

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January 7, 2020 An industrial policy propelled by innovation is needed to drive the country’s manufacturing growth amid the bleak near-term outlook of the sector, the National Economic and Development Authority (NEDA) said. While majority of the manufacturing subsectors grew in production volume and value, the total manufacturing index posted negative growth in November 2019, continue reading : NEDA CALLS FOR INDUSTRIAL POLICY PROPELLED BY INNOVATION

2019 FULL-YEAR INFLATION SETTLES WITHIN GOV’T TARGET

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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

PH TRADE SEEN TO RECOVER IN SECOND HALF OF 2019 – NEDA

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July 11, 2019 MANILA – Despite the Philippines’ recent decline in trade performance, imports and exports of goods are expected to be better in the second half of 2019 due to the country’s economic outlook remaining positive for the year, the National Economic and Development Authority said. The Philippine Statistics Authority (PSA) reported today that continue reading : PH TRADE SEEN TO RECOVER IN SECOND HALF OF 2019 – NEDA

STATEMENT OF THE NATIONAL ECONOMIC AND DEVELOPMENT AUTHORITY ON JUNE 2019 INFLATION

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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

ROBUST GOV’T POLICIES NEEDED TO BOLSTER MANUFACTURING GROWTH – NEDA

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July 05, 2019 MANILA – A stronger push for policies and programs that improve food production and public spending and that capacitate MSMEs is needed to strengthen manufacturing growth, the National Economic and Development Authority said. In its Monthly Integrated Survey of Selected Industries (MISSI), the Philippine Statistics Authority (PSA) reported that the performance of continue reading : ROBUST GOV’T POLICIES NEEDED TO BOLSTER MANUFACTURING GROWTH – NEDA