Headline inflation rates in the Philippines, all items
PRICE INCREASES quickened at a nearly two-and-a-half-year high in March on account of base effects, a weak peso and the temporary disruption in the Malampaya natural gas supply, the government’s statistical agency reported yesterday. Read the full story.
Commodity flow in the Philippines
GOODS TRADED locally grew by almost half in the fourth quarter of 2016 due to increased demand for durable goods, with machinery and transport equipment taking up the bulk of the traded value. Read the full story.
DoF* inflation estimate by commodity group
THE DEPARTMENT of Finance (DoF) has added to widespread estimates of faster inflation in March, scheduled to be reported today, “on the back of higher food, power and fuel prices.” Read the full story.
ASEAN manufacturing purchasing manager’s index, March
PHILIPPINE FACTORY activity expanded for a second straight month in March, according to a monthly survey compiled by IHS Markit for Nikkei, but at a pace that was just second-fastest in Southeast Asia after Vietnam ranked as the no. 1 performer for two months in a row. Read the full story.
Analyst’s march inflation rate estimates
INFLATION may have picked up further in March on the back of higher electricity rates and a weaker peso, analysts said in a BusinessWorld poll even as they noted room for the central bank to hold fire on monetary policy adjustments as lower oil partially offsets rising price pressures. Read the full story.
