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You need your income and savings to grow and catch up with the general increase in prices.
The Philippine Statistics Authority (PSA) recently reported that the national inflation rate has accelerated to 4.2 percent in January 2020, the highest ever recorded since 2019. Inflation increased last year from 3.3 percent in November to 3.5 percent in December.The latest inflation ...
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It’s not just sili that’s insanely pricey.
If you don’t regularly go to the market, this story might not concern you. But for everybody else whose task it is to replenish food supplies on a regular basis, they might be wondering why exactly prices of basic commodities are through ...
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Demand remains sluggish due to the pandemic.
Inflation in the Philippines slowed to 2.4 percent in August, a consequence of weak demand driven by the coronavirus pandemic. It was also below the forecast set by the Bangko Sentral ng Pilipinas.Also read: 8 Great Monarchies and How They Fell from Grace The ...
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Here's a look back at how inflation moved in 2018, and what the government is planning to do about it
Prices of consumer goods in the country became more expensive than what the government expected last year.In fact, the Philippine Statistics Authority (PSA) reported in the first week of January that the 2018 average inflation, or the rate of how fast prices ...
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Prices of commodities in the country increased by an average of 5.2% in 2018, higher than the government's target range.
The general increase in prices of commodities in the country slowed down in December to 5.1 percent year-on-year, the Philippine Statistics Authority (PSA) announced on January 4, Friday.This is a further decline from the previous month’s inflation rate of six percent, but ...
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The BSP's consumer confidence index has just turned negative for the first time since President Duterte assumed office.
The overall consumer confidence index, a measure of Filipinos’ sentiment on how their households are faring financially and economically, fell to -7.1 in the third quarter of 2018 from 3.8 in the previous quarter, according to the Bangko Sentral ng Pilipinas (BSP).That’s ...
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Forbes’ latest Philippines rich list details impact of digital disruption on TV empires
Owning a giant mass media empire remains one of the major paths to vast wealth in the Philippines.This is apparent in Forbes magazine’s 2018 list of 50 richest people in the Philippines, which included major shareholders of the country’s two leading television ...
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Using variations in price increases as a guide for your next trip to the grocery or the mall
As inflation hit fresh highs in recent months in part due to lack of cheaper rice varieties sold by the government, the Department of Agriculture suggested consumers should consider shifting to corn, or a mixture of rice and corn, as staple food. ...
