"Negative base effects along with lower prices of food commodities including rice, meat and vegetables as well as lower domestic oil prices, and the appreciation of the peso are the primary sources of downward price pressures for the month," the BSP said.
These factors would offset higher prices of fish and fruits as well as elevated electricity rates, January, inflation fell in August the central bank said.
"Going forward, the Monetary Board will continue to take a measured approach in ensuring price stability conducive to balanced and sustainable growth of the economy and employment," and employment," it added.
هذه القصة مأخوذة من طبعة October 02, 2024 من The Philippine Star.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة October 02, 2024 من The Philippine Star.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
MG Philippines strengthens presence in South Luzon with opening of MG Calamba
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STARTING THIS OCTOBER, JETOUR AUTO PH WELCOMES YOUR PETS INTO ITS SHOWROOMS
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Hyundai Motor hits major milestone with 100 million vehicles produced globally
Hyundai Motor Company celebrated a significant milestone today, marking 100 million units of global cumulative production.
HOW CAN I GROW AT WORK IF I CAN'T OUTGROW BEING A PEOPLE-PLEASER?
My quiet compliance became a double-edged sword, leaving me exploited, sidelined, and afraid to challenge the system.
KIRK BONDAD AND KRISHNAH GRAVIDEZ TO REPRESENT THE PHILIPPINES AT MISTER WORLD AND MISS WORLD 2024
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ACNE OR TREATMENT ANXIETY? THERE'S A 'REMEDY' FOR THAT
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EJAP, AboitizPower hold first RE forum
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Phl economy remains resilient
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The Philippines is expected to climb back to pre-pandemic levels of air travel next year, lifted by the expansion of its international reach and upgrades to major airports.
