BSP says inflation to “decelerate back to target range in 2019”
March 6, 2018
The Bangko Sentral ng Pilipinas said while the “elevated February inflation reading is line” with the central bank’s assessment, it said inflation is “expected to decelerate back to within the target range in 2019. “The elevated February inflation reading is
Stocks down, peso unchanged at P52:$1 on inflation data
March 6, 2018
Stocks declined on Tuesday following the release of February inflation figures. The Philippine Stock Exchange index went down by 25.95 points to 8,360.22. In the broader market, there were 122 decliners, 93 gainers and 45 shares unchanged. Volume reached 4.5
Stocks down ahead of February inflation figures
March 5, 2018
Stocks fell on Monday, a day before February inflation figures will be announced by the government. The Philippine Stock Exchange index closed 72.40 points lower to 8,386.17. In the broader market, there were 117 gainers, 100 decliners and 41 unchanged.
DOF sees February inflation inching to 4.1 percent
March 5, 2018
The Department of Finance ( DOF) said Monday that inflation rate for February “likely edged higher to 4.1 percent”, which is its highest since October 2014. In its economic bulletin, the DOF said “food and non-food commodities alike see their
Stock index cut losses, peso at P51.90:$1
March 2, 2018
Last-minute failed to hoist the Philippine Stock Exchange index to positive territory on Friday. The index finished 7.20 points lower to 8,458.57 after being down by more than 100 points at one stage In the broader market, there were 141
Stocks lower, peso at P51.92:$1
March 1, 2018
Stocks ended lower on Thursday, as the Philippine Stock Exchange index settled at 8,465.77, down 9.52 points on the first trading day of March. In the broader market, there were 110 decliners, 84 gainers and 49 issues unchanged. Volume reached
NEDA considers TRAIN having little effect on inflation
March 1, 2018
Officials of NEDA ( National Economic Development Authority), the Department of Finance (DOF), Bangko Sentral ng Pilipinas (BSP), and economists attending the meeting of the Senate Committee on Economic Affairs, led by Sen. Win Gatchalian, agree that several factors have pushed
Stocks end February lower
February 28, 2018
Stocks closed lower on Wednesday, the final trading month of February with the Philippine Stock Exchange index finishing below 8,500 points. The index lost 117.09 points to settle at 8,475.29. In the broader market, there were 111 gainers, 96 decliners
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