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BSP lowers inflation guard, sees stable conditions

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INQUIRER FILE PHOTO

Consumer price increases likely reached their peak at close to 5 percent in July and August, and conditions for the rest of the year should stabilize, a senior monetary official Friday said.

Posted: October 18th, 2014 in Headlines,Latest Business Stories | Read More »

Slower September inflation to boost 2nd half GDP, says DOF

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Bangko Sentral ng Pilipinas.  INQUIRER.net file photo

The lower inflation rate posted in September augurs well for the economy, which needs to expand faster in the second half in order to reach the 6.5-7.5 percent growth target for 2014, according to the Department of Finance’s chief economist.

Posted: October 9th, 2014 in Latest Business Stories | Read More »

Inflation slowed down to 4.4% in September

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Liquefied petroleum gas. AFP FILE PHOTO

The rate of consumer price increases slowed down in September on the back of tempered increases in the prices of basic goods and utilities, official data released on Wednesday showed.

Posted: October 9th, 2014 in Headlines | Read More »

ADB slashes PH GDP forecast for 2014

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Asian Development Bank (ADB). AFP PHOTO

The Asian Development Bank (ADB) has reduced its growth forecasts for the Philippines for this year and the next, citing slower government spending and the rise in the prices of basic goods.

Posted: September 26th, 2014 in Editor's Pick,Headlines | Read More »

Inflation seen to stay within target range

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The Philippine central bank remains confident of meeting its target range for this year despite the peso’s recent depreciation, which makes imported goods more expensive.

Posted: September 26th, 2014 in Headlines | Read More »

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