The average year-to-date inflation rate from January to September is at 4.4 percent. PSA-7 Chief Statistical Specialist, Engr. Leopoldo Alfanta Jr., said that this major decrease reflects in the ...
The Philippines’ inflation rate clocked in at 2.3% for the month of October, the Philippine Statistics Authority (PSA) reported on Tuesday. During a press conference, National Statistician and PSA ...
CEBU, Philippines — As Central Visayas’ inflation rate decelerated to 2.1 percent in September this year, the Philippine Statistics Authority (PSA)-7 said it's a “good indicator” as ...
Understanding Inflation: Gradual price rise erodes purchasing power. CPI tracks changes in goods and services. Causes and Types: Inflation from cost-push or demand-pull factors creates price cycles.
Her expertise is in personal finance and investing, and real estate. Inflation and interest rates tend to move in the same direction because interest rates are the primary tool used by the U.S ...
The Phillips curve posits that rising wages should lead to higher prices for products and services in an economy, ultimately pushing the overall inflation rate higher. Monetarists argue against ...
They are also broken down into “seasonally adjusted” and “unadjusted” inflation rates for each item. Seasonally adjusted numbers take into account normal inflationary increases due to ...
Manila Electric Co. (Meralco) raised the overall rate by P0.1543 per kilowatt-hour (kWh) to P11.7882 per kWh in September from P11.6339 per kWh in the previous month. Meanwhile, PSA data showed the ...
The total global media inflation rate in 2023 was 3.3%. The inflation rate for online media was 4.4%, and offline was 1.7%. Out-of-home (OOH) advertising had the highest inflation rate (5.4%) in 2023, ...
The Philippine Statistic Authority (PSA) says it is unable to predict if the country's inflation rate has reached its peak at 8%, the Philippines highest inflation rate was in 1999 at 10.7% Credit ...