Lucena low-income inflation hits 7.2%
Lucena City recorded CALABARZON’s highest inflation rate for low-income households in August at 7.2 percent, driven by housing costs and food prices.
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Latest Daily Tribune news and analysis on Inflation relief measures.
Lucena City recorded CALABARZON’s highest inflation rate for low-income households in August at 7.2 percent, driven by housing costs and food prices.
· 1 MIN READ
President Ferdinand Marcos Jr. said his administration cannot assure a significant slowdown in commodity and service prices this year, citing global…
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President Ferdinand Marcos Jr. said the government cannot guarantee a sharp decline in inflation this year, citing fuel and food prices, but expects public…
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The retreat came amid renewed concern over surging global oil prices and their impact on inflation, particularly after Brent crude broke above $100 a barrel as…
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The peso’s recent depreciation may indicate that further tightening from the Bangko Sentral ng Pilipinas (BSP) might be warranted as the Philippine economy…
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Philippine inflation eased to 6.1 percent in August from 6.2 percent in July, but faster rice and transport price increases continued to pressure consumers.
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Headline inflation eased for a fourth consecutive month to 6.1 percent in August, falling within the Bangko Sentral ng Pilipinas (BSP)’s forecast range as food…
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Philippine inflation eased to 6.1 percent in August, but rice prices accelerated and flooding could affect vegetable prices in the coming months.
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The country’s political noise is weighing on investor and business confidence, adding to concerns over slowing economic growth and weakening consumer spending,…
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BSP sees August inflation at 5.5 to 6.5 percent as higher food and fuel prices, bad weather and El Niño risks offset easing electricity rates and peso gains.
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AMRO cut its 2026 Philippine GDP growth forecast to 3.4 percent amid weaker consumption, subdued investment, high energy prices and external risks, while…
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The Bangko Sentral ng Pilipinas (BSP) has continued its tightening bias, hiking its key policy rate by another 25 basis points amid persistent upside risks to…
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The Philippine economy is expected to slow sharply this year as higher inflation, weaker private consumption and subdued public investment weigh on growth,…
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NCR’s P85 minimum wage hike could add to inflation pressures as higher labor costs, adverse weather and energy prices weigh on the economy.
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Another BSP rate hike may help contain inflation, but economists warn that structural reforms, fiscal policy, infrastructure, agriculture and energy security…
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‘Inflation will start to hurt. And it did. We had roughly 7 percent last April due to power costs, and also supply. Property owners should cut building costs…
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The broader economic downturn the Philippines is currently experiencing may trigger spillover effects in the real estate market, according to property…
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