Philippine trade year-on-year performance

THE country’s trade-in-goods deficit widened to a three-month high in March as imports outpaced exports which could dampen the economic output in the first quarter.

Analyst’s Q1 2022 GDP estimates

THE PHILIPPINE ECONOMY likely expanded in the first quarter thanks to favorable base effects and election spending, but the surge in global oil and commodity prices may have dampened growth momentum.

Headline inflation rates in the Philippines

PHILIPPINE INFLATION surged to an annual 4.9% in April, the highest in more than three years as soaring food and energy prices continued to hurt consumers.

Manufacturing Purchasing Managers’ Index of Select ASEAN Economies (April 2022)

THE PHILIPPINE manufacturing sector in April posted its best performance in over four years, reflecting the significant improvement in business conditions as pandemic restrictions eased.

National government outstanding debt

THE NATIONAL GOVERNMENT’S (NG) outstanding debt rose to a record P12.68 trillion as of end-March, as domestic and offshore borrowings increased, the Bureau of the Treasury (BTr) said on Thursday.

Philippines drops anew in World Press Freedom Index

THE PHILIPPINES’ press freedom ranking further declined in 2022, amid continued cyberattacks on news websites and judicial harassment of journalists

Philippines inches up to 52nd in public integrity index

The Philippines went up by a notch to 52nd out of 114 countries in the 2021 edition of the Index of Public Integrity (IPI) by the European Center for Anti-Corruption and State-Building. The report assessed a society’s capacity to control corruption and ensure that public resources were spent without corrupt practices using the index’s six components. The Philippines was the seventh highest in the region with an overall score of 6.52 (out of possible 10).

General Wholesale Price Index in the Philippines

NATIONWIDE BULK PRICES of general goods rose to their highest level in more than a decade in February due to higher fuel costs caused by the Russia-Ukraine war, latest preliminary data from the Philippine Statistics Authority (PSA) showed.

Domestic trade in the regions: Which have (un)favorable trade balances?

DOMESTIC TRADE by value in 2021 rose by 21.6% to P718.44 billion, the Philippine Statistics Authority (PSA) said, reflecting a recovery in the economy from the low base formed by 2020, the first year of the pandemic.

Philippines falls in effective governments ranking

The Philippines’ rank dropped by two notches to 63rd out of 104 countries in the 2022 edition of the Chandler Good Government Index (CGGI), which measures governments’ effectiveness. With a score of 0.484 — in a scale of 0 (worst) to 1 (best) — the country placed the third-lowest in the region, only ahead of Mongolia and Cambodia. Across the seven main pillars used in the index, the Philippines performed best in financial stewardship at 39th.