What Canada’s rising inflation means for newcomers

Credit to Author: Scotiabank| Date: Tue, 05 Apr 2022 13:30:44 +0000

Many shoppers are finding that things are more expensive when they go to the grocery store. What’s behind those price increases? “Prices are rising much more quickly than in recent years,” says Marc Desormeaux, senior economist at Scotiabank. “In January 2022, the total Consumer Price Index (CPI) was more than 5% higher than one year […]

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February inflation seen settling within 2.4-3.2%

Credit to Author: Mayvelin U. Caraballo, TMT| Date: Fri, 28 Feb 2020 17:05:22 +0000

THE country’s inflation likely eased to as low as 2.4 percent or accelerated to as high as 3.2 percent this month, the Bangko Sentral ng Pilipinas (BSP) said on Friday. The range projected by the central bank’s Department of Economic Research compares with January’s 2.9 percent, but lower than the 3.8 percent posted in February […]

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Inflation hits 8-mo high in January

Credit to Author: Mayvelin U. Caraballo, TMT| Date: Wed, 05 Feb 2020 17:06:17 +0000

THE country’s headline inflation accelerated to an eight-month high of 2.9 percent in January, the Philippines Statistics Authority (PSA) announced on Wednesday, supporting analysts’ consensus view that monetary authorities could resume easing policy rates as early as this month. The figure — up from December’s 2.5 percent and the highest since May 3.2 percent — […]

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Oct inflation for poor households falls to 0.8%

Credit to Author: Mayvelin U. Caraballo, TMT| Date: Thu, 21 Nov 2019 16:20:52 +0000

INFLATION for low-income households eased to a four-year low of 0.8 percent in October on the back of lower fuel and utility prices, the Philippine Statistics Authority (PSA) announced on Thursday. The figure is lower than the 0.9 percent posted in September, and the lowest since October 2015’s 0.4 percent. Year to date, consumer price […]

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Economists expect 3.3% inflation for 2019 – BSP

Credit to Author: The Manila Times| Date: Sun, 28 Apr 2019 09:31:17 +0000

ECONOMISTS see inflation settling at 3.3 percent this year, the Bangko Sentral ng Pilipinas (BSP) said in a report, higher than its 3-percent full-year forecast but still within the 2-4…READ

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 UK inflation holds steady in March amid Brexit uncertainty

Credit to Author: ggaviola| Date: Wed, 17 Apr 2019 12:00:14 +0000

LONDON – Official figures show that inflation in Britain unexpectedly held steady in March, with economists suggesting that Brexit uncertainty prompted retailers to keep prices lower than would otherwise have been the case.

The post  UK inflation holds steady in March amid Brexit uncertainty appeared first on Inquirer News.

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Inflation drops to 3.3% in March

Credit to Author: MAYVELIN U. CARABALLO, TMT| Date: Fri, 05 Apr 2019 01:52:34 +0000

HEADLINE inflation slowed to a 15-month low of 3.3 percent in March, the Philippines Statistics Authority (PSA) announced on Friday. The figure — down from the previous month’s 3.8 percent…READ

The post Inflation drops to 3.3% in March appeared first on The Manila Times Online.

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Inflation at 3.8 percent a ‘positive development,’ Palace expects further ‘disinflation’

Credit to Author: mfrialde| Date: Tue, 05 Mar 2019 02:49:04 +0000

Malacañang hailed as a “positive development” the 3.8 percent inflation in February, which is within the 2 to 4 percent target

The post Inflation at 3.8 percent a ‘positive development,’ Palace expects further ‘disinflation’ appeared first on Inquirer News.

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