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Philippine inflation surges to four per cent in March
Year-on-year headline inflation in the Philippines accelerated to 4 per cent in March from 3 percent in February, mainly due to higher inflation rates for food, utilities, and transport, the Philippine Statistics Authority (PSA) said on Tuesday.
Philippines records lowest monthly unemployment rate after Covid-19 outbreak
The unemployment rate dipped to 6.4 percent in January in the Philippines with around 2.93 million Filipinos were out of work, according to a Philippine Statistics Authority (PSA) survey report that has been released to the media
Philippines records lowest monthly unemployment rate after Covid-19 outbreak
The unemployment rate dipped to 6.4 percent in January in the Philippines with around 2.93 million Filipinos were out of work, according to a Philippine Statistics Authority (PSA) survey released to the media.
Unemployment rate in Philippines down to 6.5 per cent in November
Around 3.16 million Filipinos were out of work in November, down from the 3.5 million recorded in October, according to a Philippine Statistics Authority (PSA) survey released on Friday.
Philippines inflation climbed to three-year-high in 2021
MANILA (Philippine Daily Inquirer/Asia News Network): The country ended 2021 with a three-year-high, above-target inflation rate of 4.5 percent, which meant that faster-than-manageable price hikes, especially of food and oil prices, tempered consumer spending at a time it was needed to rev-up economic recovery and address poverty that was aggravated by the prolonged pandemic.
Unemployment rate in Philippines rises to 8.9 per cent in September
Around 4.25 million Filipinos were out of work in September, up from the 3.88 million reported in August, according to a Philippine Statistics Authority (PSA) survey released on Thursday (Nov 4).
Philippines inflation slowed to 4.8% in September
Philippines inflation slowed to 4.8% in September
Philippines' debt balloons to US$228.68 billion as unemployment rate up 8.1 per cent August
The Philippines' debt ballooned to 11.64 trillion pesos (US$228.68 billion) at the end of August, according to the latest data released by the Philippine Bureau of Treasury.
Philippine economy grows 11.8% on-year in 2Q, exits recession
MANILA: The Philippine economy exited a pandemic-induced recession with its fastest year-on-year growth in over three decades, but tighter COVID-19 curbs could hamper the recovery and boost expectations monetary policy will remain accommodative for the rest of 2021.
Philippine factory output fell by more than 73 per cent in March
MANILA (Philippine Daily Inquirer/ANN): The country’s total manufacturing output slid by 73.4 percent year-on-year in March, the fastest drop in seven months, mainly due to the temporary closure of the only remaining oil refinery in the Philippines.
