INFLATION likely accelerated beyond the central bank’s target in April, as food and oil prices continue to climb amid the ongoing Russia-Ukraine war and agricultural damage caused by Tropical Storm Agaton.
MORE SHORT-TERM foreign investments left the Philippines than what entered in March, reflecting heightened uncertainty from the Russia-Ukraine war and monetary policy tightening in the United States.
THE NATIONAL Capital Region’s (NCR) economy bounced back last year from a double-digit contraction in 2020, but remained below the national growth rate due to strict lockdowns meant to contain the coronavirus.
THE Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) posted the top growth rate in 2021 among the regions for agricultural output by value, the Philippine Statistics Authority (PSA) said.
THE NATIONAL Government’s (NG) budget gap narrowed in March as revenue collection and spending grew by double digits, the Bureau of the Treasury (BTr) reported on Wednesday.
MOODY’S ANALYTICS trimmed its Philippine growth forecast for this year, citing the impact of slower global demand and faster inflation on the economy.
Manila slid ﬁve spots to 100th out of 119 global ﬁnancial centers in the 31st edition of the biannual Global Financial Centers Index (GFCI) that assesses the competitiveness of ﬁnancial centers around the world.
The average income of Filipino families in the ﬁrst half of 2021 increased by 0.2% to P149,980 from P149,710 in the same period in 2018, according to the preliminary data from the Philippine Statistics Authority’s 2021 Family Income and Expenditure Survey (FIES).
The Philippines placed 61st out of 144 countries in the 2022 SDG Gender Index by Equal Measures 2030. The index provided a snapshot of where the world stands on gender equality with respect to the United Nations Sustainable Development Goals (SDGs), which aim to achieve a decent quality of life for all and a healthy environment by 2030.
GROWTH in wholesale prices for general goods in January was 4.6%, the highest since late 2011, according to preliminary data released by the Philippine Statistics Authority (PSA).