Economy, News

Gov’t intensifies actions to protect Filipinos’ purchasing power from the effects of El Niño

calendar_today April 11, 2024 schedule 4 min read

Finance Secretary Ralph G. Recto has assured the Filipino public that the government is intensifying targeted actions to further protect the purchasing power of Filipinos from the effects of El Niño, and eventually, La Niña, on food and energy supplies. A resident walks on a dried-up fish pond in Candaba town, Pampanga (IMAGE CREDIT: OneNews.PH) […]

Headline inflation in PH eases further to 5.4 percent in June this year

calendar_today July 6, 2023 schedule 2 min read

This year’s headline inflation decelerated further to 5.4 percent year-on-year in June from 6.1 percent in May, settling near the lower end of the Bangko Sentral ng Pilipinas (BSP)’s forecast range of 5.3 to 6.1 percent for the month. The resulting year-to-date average of 7.2 percent, however, it is still above the government’s average inflation […]