BSP sees May inflation at 2.9%-3.7% - The Manila Times

Headline inflation is likely to settle within the 2.9 percent to 3.7 percent range in May, as a result of lower utility rates and oil prices, the central bank said on Friday. The rate stood at 3.4 percent in April. “The lower prices of domestic oil as ...

Business confidence up in Q2 - Inquirer.net

Businesses were more optimistic during the second quarter partly on positive prospects brought about by the country's hosting of the Asean Summit in April, the Bangko Sentral ng Pilipinas said yesterday. The results of the BSP's business expectations ...

Naming of new BSP chief boosts 'hot' money inflow - Inquirer.net

More hot money came in during the week that the Duterte administration named a ranking Bangko Sentral ng Pilipinas official to succeed outgoing Governor Amando M. Tetangco Jr., signaling continuity in monetary policy. On May 8 to 12, inflows of foreign ...

BSP sees 2.9%-3.7% inflation range for May - Manila Bulletin

Bangko Sentral ng Pilipinas (BSP) Governor Amando M. Tetangco Jr. forecasts May inflation could be as low as 2.9 percent or as high as 3.7 percent compared to April's actual 3.4 percent rate. Lower fuel costs is still the main factor for a lower ...

BSP sees inflation within 2.9-3.7% range in May - Inquirer.net

Higher rice prices likely pushed inflation up by 2.9-3.7 percent in May, Bangko Sentral ng Pilipinas Governor Amando M. Tetangco Jr. said Friday. “The lower prices of domestic oil as well as the downward adjustment in electricity rates could exert ...