Oil nearing $100 a barrel red flag for central banks’ inflation fight
Just as global monetary policy switches toward high-altitude cruise control, another bout of turbulence is bearing down on the world economy with surging oil prices.
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commodity prices
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Rice price hike may dampen momentum to tame inflation
Rice may again be the cause of higher inflation in the coming months as Philippine Statistics Authority (PSA) data showed that prices returned to levels that were seen prior to the implementation of a law that sought to bring down the price of the staple.
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‘Serious concerns’: Neda outlines impact of typhoons, flooding on PHL economy
The National Economic and Development Authority (Neda) considers the recent typhoons as “serious concerns” amid the flooding that ensued in many parts of the country due to heavy rainfall.
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June inflation slows to 5.4%; El Niño a risk
EL Niño is now considered one of the major upside risks to inflation in the next few months, according to the Bangko Sentral ng Pilipinas (BSP) and the National Economic and Development Authority (Neda).
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BSP sees inflation within target range by September
THE Bangko Sentral ng Pilipinas (BSP) expects the country’s headline inflation to be within its target range as early as September, as the increase in prices of goods and services continues to ease.
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