inflation target - updates

Rappler's latest stories on inflation target


BSP keeps interest rates unchanged

Nov 09, 2017 - 9:50 PM

The Bangko Sentral ng Pilipinas says there is no need to change monetary settings at the moment as there is enough credit and liquidity in the market

MANAGEABLE. Despite faster rise in consumer prices, Bangko Sentral chief Nestor Espenilla Jr says monetary authorities believe future inflation path would stay within target. Photo by Inoue Jaena/Rappler

BSP leaves Philippine interest rates unchanged again

Sep 21, 2017 - 9:46 PM

The Bangko Sentral ng Pilipinas believes the prevailing monetary policy settings remain appropriate

STAY VIGILANT. 'While prospects for global economic growth have stayed broadly upbeat, geopolitical tensions and lingering uncertainty over macroeconomic policies in advanced economies continue to pose downside risks to external demand,' BSP Governor Nestor Espenilla Jr says. Photo by Inoue Jaena/Rappler

BSP maintains interest rates in Tetangco's final Monetary Board meeting

Jun 22, 2017 - 6:20 PM

While global economic conditions remain challenging outgoing BSP Governor Amando Tetangco Jr says prospects for domestic economic activity continue to be firm

RATES KEPT. BSP Governor Amando Tetangco Jr says the central bank is keeping the overnight borrowing rate at 3%. Screenshot from BSP YouTube page

NEDA: Higher inflation in 2017 likely to hurt consumer spending

Jan 10, 2017 - 1:45 PM

But the National Economic and Development Authority NEDA says it will not have a significant impact on the country s economic growth this year

BUYING POWER. Expect increase of prices of basic goods and services to be much faster this year than in 2016. Photo by Agence France-Presse

PH 2015 inflation settles at 1.4%

Jan 05, 2016 - 4:06 PM

While expected it is still below the government s 2015 target of 2 4 but upward price movements push December inflation to 1 5

EXPECTED. Favorable supply-side factors such as relatively lower domestic retail prices of corn, oil, and rice, lower international oil prices, and the contraction in the prices of housing and other utilities contribute to full-year 2015 inflation of 1.4%.

For the 8th time, key interest rates still unchanged

Sep 24, 2015 - 7:30 PM

The benign inflation outlook also provides ample room to keep monetary policy settings unchanged at this time

BSP maintains policy rates, lowers inflation forecast

Aug 13, 2015 - 6:16 PM

Given firm domestic demand the BSP apparently considers that the Philippine economy does not require additional stimulus from monetary policy

Lower food prices pull down March inflation

Apr 07, 2015 - 2:02 PM

UPDATED Cheaper prices of food staples resulted in 2 4 headline inflation in March well within the government’s target

Inflation within target for 6th consecutive year – BSP

Jan 23, 2015 - 4:22 PM

The government inflation target has remained within range for the 6th consecutive year since 2009 despite the 3rd quarter growth slump in 2014 the central bank says

Philippines hikes key interest rates, first since 2011

Jul 31, 2014 - 5:50 PM

The monetary board s decision is a pre emptive response to signs of inflation pressures and elevated inflation expectations a central bank statement says

BSP keeps 2014-2016 inflation target

Apr 22, 2014 - 9:45 AM

Current targets remain appropriate based on recent analysis the central bank says

RETAINED. The Bangko Sentral ng Pilipinas keeps 2014-2016 inflation targets steady. File photo by AFP

Despite rising food prices, inflation target remains

Feb 24, 2012 - 7:15 PM

Despite rising food prices the inflation target for 2012 to 2014 will stay at 3 to 5