Subsistence
The inflation rate for March was higher than expected. This will have consequences for reduction of interest rates we need to spur economic activity.
Inflation latest news
Interest rates to remain at 6.5% — BSP
MANILA, Philippines — The Bangko Sentral ng Pilipinas’ (BSP) Monetary Board (MB) decided to retain its target reverse repurchase rate at 6.5%.
Asian markets mixed as traders weigh rates outlook
HONG KONG, China — Asian markets fluctuated Monday as traders weighed the chances of the Federal Reserve cutting interest rates this year after a forecast-busting US jobs report dented hopes for a first move in June.
EDITORIAL — Rice sufficiency
Once again, rice prices accounted for a substantial percentage of the food-fueled increase in the inflation rate last month. From 3.4 percent in February, the inflation rate accelerated to 3.7 percent, driven by food and non-alcoholic beverages, whose prices rose to 5.6 percent in March from 4.6 the previous month.
DA 'working double' time to increase rice production at lower cost amid inflation
MANILA, Philippines — The Department of Agriculture (DA) promised to intensify its efforts to increase the level of rice production in the Philippines with lower expenditures to alleviate food and non-food inflation, particularly rice.
Inflation up 3.7% in March
MANILA, Philippines: Inflation accelerated further last month due to faster increases in key food items, the Philippine Statistics Authority reported on Friday.
PhilRice: 95% rice sufficiency by 2028 possible
MANILA, Philippines — The Philippines can achieve 95 percent rice sufficiency by 2028 through the use of both hybrid and inbred varieties of palay, the Philippine Rice Research Institute (PhilRice) said yesterday.
Poll: Pinoys still most concerned with inflation
MANILA, Philippines — Seven in 10 Filipinos have identified inflation as among their most urgent national concerns, a recent survey conducted by Pulse Asia showed.