September 13, 2018 MANILA—An Executive Order (EO) that will remove administrative and non-tariff barriers on the importation of food items to temper inflation has been submitted by the Economic Development Cluster (EDC) to the office of the President for implementation starting this month. Recommended to the President before Tuesday’s Cabinet meeting, the EO will zero continue reading : EDC SUBMITS EO TO REMOVE FOOD IMPORTATION BARRIERS TO ADDRESS INFLATION
JOINT STATEMENT OF THE ECONOMIC DEVELOPMENT CLUSTER ON AUGUST 2018 INFLATION
September 05, 2018 The Philippine Statistics Authority (PSA) reported that the headline inflation rate accelerated to 6.4 percent year-on-year (YOY) in August 2018, faster than the previous month’s 5.7 percent and the 2.6 percent of the same period last year. This brings the year-to-date inflation to 4.8 percent, beyond the upper-band of the government’s continue reading : JOINT STATEMENT OF THE ECONOMIC DEVELOPMENT CLUSTER ON AUGUST 2018 INFLATION
DOF-NEDA-DBM Joint Statement on July 2018 Inflation Report
August 7, 2018 ADDRESS SUPPLY CONSTRAINTS TO TEMPER INFLATION –NEDA, DBM, DOF MANILA— The Government’s Economic Team, composed of the Department of Budget and Management (DBM), Department of Finance (DOF), and National Economic and Development Authority (NEDA), said stronger government measures, most especially in improving agriculture productivity and, in the short term, a strategic trade continue reading : DOF-NEDA-DBM Joint Statement on July 2018 Inflation Report
NEDA-DBM-DOF JOINT STATEMENT ON THE MAY 2018 INFLATION REPORT
June 5, 2018 JOINT STATEMENT ON THE MAY 2018 INFLATION REPORT We, the economic managers of the Duterte Administration, reiterate the government’s unwavering commitment to improve the lives of the Filipino people and bring lasting change to our country. The administration is steadfast in the conviction that we can build a prosperous, high-income economy with a predominantly middle-class society by 2040. Toward this continue reading : NEDA-DBM-DOF JOINT STATEMENT ON THE MAY 2018 INFLATION REPORT
NEDA considers TRAIN having little effect on inflation
March 01, 2018 MANILA — Officials of the National Economic and Development Authority (NEDA), Department of Finance (DOF), Bangko Sentral ng Pilipinas (BSP), and the country’s leading economists attending the meeting of the Senate Committee on Economic Affairs, led by Sen. Win Gatchalian, were in consensus that several factors have pushed inflation up in January, continue reading : NEDA considers TRAIN having little effect on inflation
FULL YEAR 2017 INFLATION WITHIN TARGET AT 3.2 PERCENT
January 5, 2018 The country ended 2017 with steady inflation performance at 3.2 percent, which is well within government’s target for the year, the National Economic and Development Authority (NEDA) said. Based on a report of the Philippine Statistics Authority (PSA), headline inflation rate for December 2017 remained at 3.3 percent, similar to that of continue reading : FULL YEAR 2017 INFLATION WITHIN TARGET AT 3.2 PERCENT
FULL YEAR 2017 INFLATION WITHIN TARGET AT 3.2 PERCENT
January 5, 2018 The country ended 2017 with steady full-year inflation performance at 3.2 percent, which is well within government’s target for the year, the National Economic and Development Authority (NEDA) said. Based on a report of the Philippine Statistics Authority (PSA), headline inflation rate for December 2017 remained at 3.3 percent, similar to that continue reading : FULL YEAR 2017 INFLATION WITHIN TARGET AT 3.2 PERCENT
INFLATION DOWN IN NOVEMBER 2017
December 5, 2017 Lower food prices slowed inflation in November 2017 following four consecutive months of acceleration, the National Economic and Development Authority (NEDA) said. Based on a report of NEDA-attached agency Philippine Statistics Authority (PSA), headline inflation rate for November reached 3.3 percent, lower than 3.5 percent recorded the previous month. “Inflation during the continue reading : INFLATION DOWN IN NOVEMBER 2017
HIGHER FOOD, FUEL PRICES PUSH INFLATION UP IN OCTOBER 2017
November 7, 2017 Faster price adjustments in food and fuel caused inflation to accelerate in October 2017, the National Economic and Development Authority (NEDA) said. Based on a report of NEDA-attached agency Philippine Statistics Authority (PSA), headline inflation increased to 3.5 percent in October 2017 from 3.4 percent the previous month. This is within the continue reading : HIGHER FOOD, FUEL PRICES PUSH INFLATION UP IN OCTOBER 2017
HIGHER FOOD PRICES PUSH INFLATION UP IN SEPTEMBER 2017
MANILA – Faster price adjustments in food caused inflation to accelerate in September 2017, the National Economic and Development Authority (NEDA) said. Based on a report of NEDA-attached agency Philippine Statistics Authority (PSA), headline inflation increased to 3.4 percent in September 2017 from 3.1 percent the previous month. This is within the Bangko Sentral ng continue reading : HIGHER FOOD PRICES PUSH INFLATION UP IN SEPTEMBER 2017
FOOD, TRANSPORT PRICES CAUSE HIGHER INFLATION IN AUGUST 2017
September 05, 2017 MANILA – Prices of food, transport, water, electricity, and gas pushed up inflation in August 2017. A report from NEDA-attached agency Philippine Statistics Authority states that headline inflation increased to 3.1 percent in August 2017 from 2.8 percent in the previous month. Core inflation, which excludes select volatile food and energy prices, continue reading : FOOD, TRANSPORT PRICES CAUSE HIGHER INFLATION IN AUGUST 2017
Slight increase increase in July inflation due to transport
MANILA – Price increases in the transport sector resulted in slightly higher inflation in July 2017, the National Economic and Development Authority (NEDA) said. Based on a report of NEDA-attached agency Philippine Statistics Authority (PSA), headline inflation increased to 2.8 percent in July 2017 from the revised 2.7 percent the previous month. “However, this is still lower continue reading : Slight increase increase in July inflation due to transport
Inflation eases in May 2017, bodes well for PH economy
06 June 2017 MANILA – The National Economic and Development Authority (NEDA) states that the slower inflation rate in May 2017 bodes well for the country’s economy in the near term. The Philippine Statistics Authority (PSA), an attached agency of the NEDA, reported that headline inflation eased to 3.1 percent in May 2017 from 3.4 continue reading : Inflation eases in May 2017, bodes well for PH economy
Inflation remains at 3.4 percent in April 2017
MANILA – Slower price adjustments in electricity and gas and slightly higher prices of food commodities kept inflation at the same rate as with the previous month at 3.4 percent in April 2017, according to the National Economic and Development Authority (NEDA). This inflation rate is slightly below the median market expectation of 3.5 percent continue reading : Inflation remains at 3.4 percent in April 2017
Higher electricity, gas prices push up inflation in March 2017
Inflation in March 2017 rose to 3.4 percent from 3.3 percent in the previous month due to higher prices of electricity, gas and other fuels, according to the National Economic and Development Authority (NEDA). The first three months of 2017 saw the Philippine’s inflation rate trending upwards, partly due to recent hikes in food and continue reading : Higher electricity, gas prices push up inflation in March 2017
