Based on the results of the BSP's Survey of External Forecasters made from Aug. 8 to 13, analysts pegged their inflation forecasts at an average 3.5 percent this year, down from 3.7 percent in May.
The August 2024 survey round on private economists' inflation expectations also showed a lower mean forecast of 3.1 percent from 3.5 percent for 2025 and 3.2 percent from 3.4 percent for 2026.
"Analysts' forecasts continued to move closer to the midpoint of the target range. Risks to the inflation outlook are broadly balanced, with local inflation expected to trend lower for the rest of the year," the BSP said in its latest Monetary Policy Report.
Diese Geschichte stammt aus der September 09, 2024-Ausgabe von The Philippine Star.
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Diese Geschichte stammt aus der September 09, 2024-Ausgabe von The Philippine Star.
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23 nabbed over Antipolo club takeover attempt
Twenty-three people have been arrested after they allegedly tried to take over a private club in Antipolo, Rizal, police reported yesterday.
Kanlaon's ash, gas emissions continue
Continuous degassing at Kanlaon Volcano on Negros Island resulted in intermittent ash emissions on Saturday, according to the Philippine Institute of Volcanology and Seismology.
2 more Eastman case suspects identified
ZAMBOANGA CITY – Police have identified two more suspects in the kidnapping of American national Elliot Onil Eastman in Sibuco, Zamboanga del Norte more than two weeks ago.
Biden's legacy on his way out the door
Wait, what? We're talking about Joe Biden? Why? He's a \"lame duck.\" No matter who wins the US presidential election on Nov. 5, he's going home to Delaware on Jan. 20. His chances of asking for, and getting, much from Congress during that two-and-a-half-month interregnum are negligible.
Flooded by corruption
If we are to rely on the weather forecast of our state-run Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA), there will be at least six more tropical cyclones to visit our country before the end of this year.
A flickering flame
Tomorrow, Nov. 5 (or Wednesday, Nov. 6, our time), American voters will choose between Republican Donald J. Trump and Democrat Kamala Harris to lead them from the White House over the next four years.
Helping MSMEs achieve sustainability
GO NEGOSYO PILIPINAS
Improving the justice system
This month, the Philippines will be hosting the 11th meeting of the Council of the Association of Southeast Asian Nations Chief Justices.
The new status symbol
Under Article 171 of the Revised Penal Code, the penalty for falsification of public documents is prison mayor, which is a type of imprisonment ranging from six (6) years and one (1) day to twelve (12) years.\"
What next?
A few more hearings, and the two chambers of Congress will wrap up their respective probes on the killings in connection with the war on drugs waged by Rodrigo Duterte.
