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DTI steps up monitoring of prices

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The Department of Trade and Industry has stepped up its monitoring efforts amid speculations that prices of basic necessities and prime commodities have spiked as a result of the continued congestion at the port of Manila. INQUIRER FILE PHOTO

The Department of Trade and Industry has stepped up its monitoring efforts amid speculations that prices of basic necessities and prime commodities have spiked as a result of the continued congestion at the port of Manila.

Posted: August 21st, 2014 in Editor's Pick,Headlines,Latest Business Stories | Read More »

Central bank expects PH inflation to rise further

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BSP Governor Amando M. Tetangco Jr. INQUIRER FILE PHOTO

The country may see more “blips” in consumer prices in the coming months amid supply bottlenecks caused by the congestion of Manila’s ports, among others, the central bank said.

Posted: August 19th, 2014 in Headlines,Latest Business Stories | Read More »

DTI notes 50-centavo spike on price of canned goods

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Slight increase on price of canned goods and other basic goods have been incurred due to the congestion in the Manila International Container Port (MICP) and the strict implementation of the truck ban in the City of Manila, according to Department of Trade and Industry (DTI) Consumer Protection Group Undersecretary Vic Dimagiba in an interview over Radyo Inquirer 990 AM on Friday.

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

Inflation hits fastest pace since 2011

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AFP FILE PHOTO

Consumer prices rose at the fastest rate in nearly three years in July as food and fuel costs remained elevated, prompting the central bank to send more hawkish signals for possible further interest rate increases.

Posted: August 6th, 2014 in Editor's Pick,Headlines | Read More »

July inflation fastest in 3 years, says statistics office

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INQUIRER.net FILE PHOTO

Consumer prices rose by 4.9 percent in July, the fastest rate in nearly three years, as food and fuel costs remained high, prompting the central bank to send more hawkish signals for possible further interest rate hikes.

Posted: August 5th, 2014 in Latest Business Stories | Read More »

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