BSP to watch Covid-19 variants’ threat to inflation

BSP to watch Covid-19 variants’ threat to inflation

While the country’s inflation rate in June 2021 eased to 4.1 percent, the Bangko Sentral ng Pilipinas (BSP) said it would still monitor the economic pressures brought about by the emerging coronavirus variants.The BSP said on July 6 the threats to its inflation...
Inflation accelerates to 2.7% in July

Inflation accelerates to 2.7% in July

The Philippine Statistics Authority (PSA) reported a higher inflation rate of 2.7 percent for July 2020, from June’s 2.5 percent, as the economic crunch due to the pandemic bore down on transport costs.The latest reading brought year-to-date (January to July 2020)...