News

With P42,000 monthly budget, a family of 5 can live above poverty line: Pernia

Jess Fenol, ABS-CBN News
Updated as of Jun 08 06:12 PM

Socioeconomic planning secretary Ernesto Pernia on Friday said "it will be good" for an average Filipino family of 5 to have two working members taking home P21,000 a month each or a total of P42,000, to live above the poverty line. Read more »

Russia-OPEC collaboration could bring down world oil prices: DOF official

ABS-CBN News
Posted at Jun 07 09:10 PM

The increase in the production of petroleum products would result in lower prices of oil in the coming months, a finance official said Thursday.    Read more »

Presyo ng bilihin, walang-awat ang pagtaas nitong Mayo

ABS-CBN News
Updated as of Jun 06 01:16 AM

Ito ay itinuturing na pinakamataas na antas sa mahigit limang taon. Read more »

Philippine inflation seen staying above target in April: poll

Reuters
Posted at May 03 08:28 PM

Philippine annual inflation likely moved further away from the central bank's 2 to 4 percent comfort range in April due to higher oil, electricity and rice prices, a Reuters poll showed. Read more »

BSP think-tank revises April inflation forecast

ABS-CBN News
Posted at Apr 30 04:51 PM

MANILA – A central bank think-tank on Monday projected the 2012-based April inflation numbers to settle between the 3.9 to 4.7 percent range. Read more »

Inflation accelerates to 4.3 percent in March

ABS-CBN News
Posted at Apr 05 09:46 AM

Inflation picked up further to 4.3 percent in March due to higher prices of food, beverages, tobacco, utilities, the Philippine Statistics Authority said Thursday. Read more »

Inflation picks up in February based on 2012, 2006 data: gov't

ABS-CBN News
Updated as of Mar 06 10:43 PM

Inflation acceleration in February, driven by higher prices of food, alcoholic beverages and tobacco products, official data released Tuesday showed. Read more »

February inflation likely at 4.1 percent, finance dept says

ABS-CBN News
Posted at Mar 05 11:39 AM

Consumer prices likely rose 4.1 percent in February due to higher tobacco prices, the Department of Finance said Monday, on the eve of the release of official inflation data. Read more »

Inflation accelerates to 3-year high in January

ABS-CBN News
Updated as of Feb 06 05:54 PM

Inflation accelerated in January compared to the previous month, exceeding expectations as the government implemented the first tranche of tax reforms.   Read more »

Inflation quickens to 3-year peak in October

ABS-CBN News
Posted at Nov 07 10:02 AM

Consumer prices rose 3.5 percent in October, at the fastest clip since 2014 and meeting economists' forecasts, government data released Tuesday showed. Read more »

Central bank sees May inflation at 2.9 to 3.7 pct

Reuters
Posted at May 26 02:46 PM

The Bangko Sentral ng Pilipinas expects annual inflation in May to be in the 2.9 to 3.7 percent range, reflecting lower oil prices and electricity rates that could be partly offset by higher costs for rice, its governor said on Friday. Read more »

Inflation likely higher in March: Reuters poll

Reuters
Updated as of Apr 03 06:25 PM

Philippine annual inflation likely quickened for a fifth straight in March, but remained within the central bank's target range, a Reuters poll showed. Read more »

March CPI seen edging up to 1.1 pct

Reuters
Posted at Apr 04 06:45 PM

MANILA - Philippine inflation is expected to have picked up slightly in March due to higher prices of oil and some food items such as rice, a Reuters poll showed, but the forecast outcome would still be below the central bank's target range. Read more »