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BSP raises inflation forecast in 2022

ABS-CBN News
Updated as of May 19 05:58 PM

The Bangko Sentral ng Pilipinas on Thursday raised its inflation outlook for the year due to persisting upward price pressures. Read more »

Jollibee posts P2.3-B Q1 net income; cautious of rising costs

ABS-CBN News
Posted at May 12 10:01 AM

Jollibee Foods Corp said its net income attributable to equity holders hit P2.3 billion, a rebound compared to the P152.6 million in the same period last year. Read more »

High inflation may push BSP into 'aggressive' hike: economist

Jessica Fenol and Michelle Ong, ABS-CBN News
Posted at May 05 12:50 PM

High inflation for an extended period could force the central bank to aggressively tighten interest rates instead of making gradual hikes, economists said. Read more »

Inflation quickens to 4.9 pct in April

ABS-CBN News
Updated as of May 05 02:00 PM

Inflation for the month of April further quickened as the economic recovery gained pace, the state statistics bureau said Thursday. Read more »

April inflation likely within 4.2 to 5 pct range

ABS-CBN News
Updated as of Apr 29 03:55 PM

Inflation for the month of April likely settled within the 4.2 to 5 percent range, BSP Governor Benjamin Diokno said Friday. Read more »

World food prices hit record high over Ukraine war: FAO

Agence France-Presse
Posted at Apr 08 05:02 PM

World food prices hit an all-time high in March as Russia's invasion of Ukraine sent 'shocks' through markets, a UN agency said. Read more »

Inflation quickens to 4 percent in March

ABS-CBN News
Updated as of Apr 05 12:51 PM

Inflation for the month of March quickened as prices of fuel and other basic commodities increased, the state statistics bureau said Tuesday. Read more »

Muslims face frugal Ramadan as Ukraine war raises food prices

Hashem Osseiran with AFP bureaus, Agence France-Presse
Posted at Mar 30 04:11 PM

Russia's Ukraine invasion, which has already exacerbated food woes in parts of Africa and the Middle East, is marring preparations for Ramadan. Read more »

Mga magsasaka problemado sa presyo ng krudo, pataba

ABS-CBN News
Posted at Mar 23 09:29 AM

Sa unang pagkakataon nitong 2022, nagpatupad ng rollback sa mga presyo ng mga produktong petrolyo ang mga oil companies nitong Martes. Read more »

Vegetable truckers hike prices as fuel spikes bite

ABS-CBN News
Posted at Mar 21 11:25 AM

Vegetable truckers from Benguet have increased prices per kilo as the rising fuel prices cut into their earnings, a group said Monday. Read more »

Wheat hits 14-year highs as Russia-Ukraine conflict curbs supply

Michael Hogan, Reuters
Posted at Mar 07 09:05 PM

Russia and Ukraine together account for about 29 percent of global wheat exports and 19 percent of corn exports. Read more »

Presyo ng ilang gulay tumaas

Lady Vicencio, ABS-CBN News
Updated as of Mar 07 07:22 PM

Tumaas ang presyo ng ilang gulay sa ilang pamilihan sa Metro Manila bunsod ng patuloy na pagtaas ng presyo ng petrolyo. Read more »

Agri-industry group to gov’t: Scrap VAT, fuel excise tax

Mico Abarro, ABS-CBN News
Posted at Mar 05 12:15 PM

The agriculture group says removing the taxes would keep food prices from rising amid higher fuel costs. Read more »

How ‘localized markets’ can mitigate rising oil prices

Mico Abarro, ABS-CBN News
Posted at Mar 05 11:12 AM

Ateneo De Manila University economics professor Alvin Ang says having food producers sell in their local areas would spare them high transport costs. Read more »

Inflation steady at 3 percent in February

ABS-CBN News
Updated as of Mar 04 10:58 AM

Inflation in February remained unchanged at 3 percent despite the Ukraine crisis, the Philippine Statistics Authority said Friday. Read more »

January inflation at 3 percent; PSA shifts to 2018 as base year

ABS-CBN News
Updated as of Feb 04 02:04 PM

Inflation for January settled at 3 percent percent using 2018 as the new base year, the state statistics bureau said Friday. Read more »

January inflation likely at 3.9 percent, says economist

ABS-CBN News
Updated as of Feb 04 08:33 AM

Inflation for the month of January is seen to have quickened in January, ING Bank Manila's chief economist Nicholas Mapa said Thursday. Read more »

Local na galunggong, nagkakaubusan na sa Commonwealth

Lyza Aquino, ABS-CBN News
Updated as of Jan 24 09:42 AM

Pahirapan nang makahanap ngayon ng local na galunggong sa Commonwealth market. Read more »

Inflation grows as worry for global CEOs: survey

Agence France-Presse
Posted at Jan 14 08:26 AM

As prices have surged in the US, inflation has soared as a worry for global executives, overtaking concerns about COVID-19 disruptions in some regions, according to a survey released Thursday. Read more »

US inflation 'too high,' lowering it a priority: Fed's Brainard

Agence France-Presse
Posted at Jan 13 10:37 AM

US inflation is "too high" and the Federal Reserve will make the issue a priority, Lael Brainard, the nominee to take the number-two position at the central bank, said Wednesday. Read more »