INFLATION SLIGHTLY UP DESPITE LOWER FOOD PRICES IN JANUARY 2017

MANILA – Inflation in January 2017 slightly rose to 2.7 percent from 2.6 percent in the previous month, due to upward price movements in non-food items, according to the National Economic and Development Authority (NEDA). Higher price adjustments in the heavily-weighted housing, water, electricity, gas and other fuels pushed up overall inflation. These non-food items continue reading : INFLATION SLIGHTLY UP DESPITE LOWER FOOD PRICES IN JANUARY 2017

SURGE IN UTILITY PRICES PUSHES INFLATION UP IN NOVEMBER 2016

MANILA – Inflation in November 2016 slightly rose to 2.5 percent from 2.3 percent in the previous month, due to the increase in the prices of major non-food commodities, according to the National Economic and Development Authority (NEDA). “The increase in inflation can be attributed to the increase in domestic prices of petrol products, which continue reading : SURGE IN UTILITY PRICES PUSHES INFLATION UP IN NOVEMBER 2016

Message of Socioeconomic Planning Secretary Ernesto M. Pernia at the 27th Anniversary Celebration of the Philippine Legislators’ Committee on Population and Development

MESSAGE Dr. Ernesto M. Pernia Socioeconomic Planning Secretary and NEDA Director-General 27th Anniversary of the Philippine Legislators Committee on Population and Development Montilla Room, South Wing Annex, House of Representatives, Quezon City October 12, 2016   Chairperson Representative Teddy B. Baguilat; Other members of the Philippine congress; Ladies and gentlemen, good afternoon. It is a continue reading : Message of Socioeconomic Planning Secretary Ernesto M. Pernia at the 27th Anniversary Celebration of the Philippine Legislators’ Committee on Population and Development

Vibrant labor market accompanies GDP growth

MANILA –With faster and improved quality of economic growth, the Philippine labor market continues to show vibrancy as unemployment and underemployment rates fell in July 2016, according to the National Economic and Development Authority (NEDA). According to the Philippine Statistics Authority’s Labor Force Survey (LFS) for July 2016, the employment rate rose to 94.6 percent continue reading : Vibrant labor market accompanies GDP growth

Keynote Message of Socioeconomic Planning Secretary Ernesto M. Pernia at the Smart Agriculture Forum

KEYNOTE MESSAGE ERNESTO M. PERNIA Socioeconomic Planning Secretary Director-General, National Economic and Development Authority Smart Agriculture Forum 2016: Food Security Challenges in the Face of Climate Change and ASEAN Integration “Increasing Investments in Agriculture” SMX Convention Center, Pasay City 08 September 2016   First off, thanks to the European Chamber of Commerce of the Philippines continue reading : Keynote Message of Socioeconomic Planning Secretary Ernesto M. Pernia at the Smart Agriculture Forum

LOWER FOOD PRICES SLOW DOWN INFLATION IN AUGUST 2016

Inflation in August 2016 slowed to 1.8 percent from 1.9 percent in the previous month, due to slower adjustments in food prices, according to the National Economic and Development Authority (NEDA). “The relatively low and manageable inflation environment during the first eight months of 2016 is expected to continue for the rest of the year continue reading : LOWER FOOD PRICES SLOW DOWN INFLATION IN AUGUST 2016

STRONG DEMAND CONTINUES TO BOOST IMPORTS GROWTH IN MAY 2016

The increase in local demand for capital and consumer goods drove imports growth by 39.3 percent year-on-year in May 2016, according to the National Economic and Development Authority (NEDA). The Philippine Statistics Authority reported today that the total payments for imported goods reached US$6.7 billion in May 2016 from US$4.8 billion in the same period. continue reading : STRONG DEMAND CONTINUES TO BOOST IMPORTS GROWTH IN MAY 2016

Statement of Socioeconomic Planning Secretary Ernesto Pernia at the NAST’s 38th Annual Scientific Meeting

STATEMENT Dr. Ernesto Pernia Socioeconomic Planning Secretary and NEDA Director-General 38th Annual Scientific Meeting: Looking Back and Looking Forward Manila Hotel, City of Manila July 14, 2016 To our distinguished members of the National Academy of Science and Technology (NAST); Friends; My colleague in the cabinet; My colleague in the school of economics; National Scientist continue reading : Statement of Socioeconomic Planning Secretary Ernesto Pernia at the NAST’s 38th Annual Scientific Meeting