In the highlights of the Monetary Board’s meeting held on June 27, the BSP said inflation expectations for 2025 to 2026 have eased further toward the midpoint of the target range.
This developed as the results of the central bank’s survey of external forecasters for June showed a lower inflation forecast for 2025 at 3.4 percent from 3.5 percent in the May survey.
Inflation expectations also went down to 3.3 percent for 2026 from 3.4 percent previously.
Meanwhile, the mean inflation forecast for 2024 was maintained at 3.7 percent this year, staying near the upper end of the two to four percent target range.
هذه القصة مأخوذة من طبعة July 27, 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 July 27, 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
PNOC, NEDA ink solar project deal
Philippine National Oil Co. (PNOC) has teamed up with the National Economic and Development Authority (NEDA) to energize government facilities with solar power.
World Bank prepares new CPF for Phl
The World Bank is coming up with a new country partnership framework (CPF) that will identify programs it will support in the Philippines in the next four years.
GOCC dividend collections hit P96 B
The government collected more than P96 billion from state-run firms as of end-July, nearing the full year target amid the need for more revenues for the country's development needs.
Australia bares 2025 growth plan for Phl
The Australian government is looking to launch by early next year a program that will involve providing A$45 million (P1.69 billion) for the Philippines to boost trade and investments.
MAROONS OFF TO FLYING START
Host University of the Philippines finished what the Eraserheads, its iconic alumni band, started by declawing rival Ateneo, 77-61, to kick off its redemption tour with a bang in the UAAP Season 87 opener yesterday at the Smart Araneta Coliseum.
Lions roar as NCAA Season 100 unfolds
San Beda unveiled its newest weapon of mass destruction in rookie transferee Bryan Sajonia as it stamped its class on host Lyceum of the Philippines University, 79-63, yesterday to jumpstart its back-to-back title aspirations in the historic NCAA Season 100 at the MOA Arena.
Stage set for 5150 Dapitan Triathlon
The quest for glory at the 5150 Dapitan Triathlon kicks off today here in Zamboanga del Norte, where athletes are not only racing for top honors but also making their mark on a venue steeped in national significance.
TAYLOR MADE FOR FINAL
SINNER STANDS IN WAY OF NO. 12 AMERICAN
18 killed, 27 wounded in dormitory fire in Kenya
A fire in a school dormitory in Kenya has killed 18 students and 27 others have been hospitalized, with 70 children unaccounted for, the country's deputy president said on Friday.
Pope urges end to tribal conflicts in Papua New Guinea
Francis yesterday called for an end to tribal conflicts that have wracked Papua New Guinea for decades and appealed for equitable development of its natural resources during a visit that also surfaced the country's problem of violence against women.
