Web2 days ago · REUTERS. PHILIPPINE SHARES continued to decline on Wednesday ahead of the release of March US consumer inflation data overnight. The benchmark Philippine Stock Exchange index (PSEi) declined by 10.21 points or 0.15% to close at 6,469.42 on Wednesday, while the broader all shares index fell by 4.59 points or 0.13% to end at … WebJul 6, 2024 · In practice, the Bangko Sentral ng Pilipinas (BSP) projects the monthly inflation rate a few days before official announcement. The inflation rate of 6.1 percent for June 2024 is within the BSP’s forecast range of 5.7 to 6.5 percent for the month. From January to June 2024, as I earlier mentioned, the average inflation rate of 4.4 percent is ...
Base effect helps put inflation brake - Daily Tribune
WebSep 30, 2024 · The Bangko Sentral ng Pilipinas (BSP) said weakening of the peso is also forecast to push inflation rate faster for the month. (PNA file photo) MANILA – Higher prices of electricity and key food commodities are expected to push domestic inflation rate in September 2024 to between 6.6 to 7.4 percent, higher than the previous month’s level. Webof the spread between the average monthly bank lending rate charged by commercial banks (both high‐ and low‐end) and the 91‐day T‐bill rate showed that banks are generally in ... Inflation rate. The BSP’s policy direction to achieve its mandate of maintaining price ... limitations of joiner transformation
BSP
WebJun 7, 2024 · The country’s inflation rate accelerated further to 5.4 percent in May 2024, from 4.9 percent in the previous month, due to the supply-side factors. Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno said last month's inflation rate is within their 5 to 5.8-percent forecast range and noted projections of further acceleration in the ... WebJul 14, 2024 · The BSP’s policy rate now stands at 3.25%, back to March 2024 level and reversing all of the central bank’s pandemic-era rate cuts. Related Stories What the … WebJun 7, 2024 · Release Date: 1. Philippines. Headline inflation in the Philippines rose further from 4.9 percent in April 2024 to 5.4 percent in May 2024. This was the highest recorded inflation since December 2024. In May of the previous year, inflation was lower at 4.1 percent. (Table A and Figure 1) The acceleration in the country’s inflation rate in May ... hotels near pensacola naval air base