October inflation hits 3-month high

Credit to Author: Anna Leah E. Gonzales| Date: Thu, 05 Nov 2020 16:35:35 +0000

Higher prices of food, particularly meat and fish, and non-alcoholic drinks pushed the country’s headline inflation to 2.5 percent in October, the Philippine Statistics Authority (PSA) reported on Thursday. The figure is higher than the 2.3 percent in September and 0.8 percent a year earlier. It also matched June’s 2.5 percent and is greater than […]

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Contraction in factory output slower in Sept

Credit to Author: Anna Leah E. Gonzales| Date: Thu, 05 Nov 2020 16:24:51 +0000

The country’s manufacturing production, both in volume and value, continued to drop in September, but at a slower pace, according to the Philippine Statistics Authority (PSA). Results of the latest Monthly Integrated Survey of Selected Industries on Thursday showed that the country’s volume of production index (VoPi) contracted by 8.4 percent in the month, slower […]

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PH trade deficit narrows in Sept

Credit to Author: Anna Leah E. Gonzales| Date: Wed, 04 Nov 2020 16:26:37 +0000

The country’s trade gap shrank in September from its month- and year-earlier figures as imports outpaced exports, the Philippine Statistics Authority (PSA) reported on Wednesday. Preliminary data from the statistics agency showed that inbound shipments in the month contracted for the 17th straight month to $7.92 billion, 16.5 percent smaller than the $9.48 billion in […]

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Over 2M Pinoys started registration for National ID

Credit to Author: The Manila Times| Date: Thu, 29 Oct 2020 16:24:41 +0000

MORE than 2 million Filipinos have now taken the first step to register for a national ID, the Philippine Statistics Authority (PSA) reported on Thursday. In a statement, the statistics agency said that as of October 27, 2,104,904 individuals had completed Step 1 of their registration with the Philippine Identification System (PhilSys). This step involved […]

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Electric Cars Will Treble Market Share This Year In Europe

Credit to Author: Guest Contributor| Date: Mon, 12 Oct 2020 21:10:40 +0000

EU standards are driving electric cars towards 10% of sales, and 15% in 2021. But lax targets for 2025 and 2030 would see EV sales stagnate for a decade

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Electric Cars Booming In Europe, But UK Growth Threatened Without New Regulations

Credit to Author: Guest Contributor| Date: Mon, 12 Oct 2020 20:49:07 +0000

EU rules are driving electric cars towards 10% of sales, and 15% in 2021. But UK supply likely to dry up without new regulations

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Inflation eased to 2.3% in September

Credit to Author: Anna Leah E. Gonzales| Date: Tue, 06 Oct 2020 16:40:39 +0000

The country’s headline inflation slowed to 2.3 percent last month on the back of lower prices of food and non-alcoholic beverages, the Philippine Statistics Authorty (PSA) reported on Tuesday. Data from the statistics agency showed that the latest figure was slower than August’s 2.4 percent, but faster than the year-earlier’s 0.9 percent. It was also […]

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Inflation eases to 2.4% in August

Credit to Author: Mayvelin U. Caraballo, TMT| Date: Fri, 04 Sep 2020 16:25:36 +0000

The country’s headline inflation slowed to a five-month low of 2.4 percent in August on the back of lower prices of food and non-alcoholic drinks, the Philippine Statistics Authority (PSA) announced on Friday. The figure, slower than July’s 2.7 percent but faster than 1.7 percent in the same month last year, falls outside the Bangko […]

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Inflation picks up to 2.7% in July

Credit to Author: Anna Leah E. Gonzales| Date: Wed, 05 Aug 2020 16:30:20 +0000

The country’s headline inflation accelerated for the second straight month to 2.7 percent in July from 2.5 percent in June on the back of higher transportation fares, the Philippine Statistics Authority (PSA) announced on Wednesday. The latest figure is higher than the 2.4 percent posted in the same month last year, and puts the year-to-date […]

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Trade gap narrows to $1.3B in June

Credit to Author: Anna Leah E. Gonzales| Date: Wed, 05 Aug 2020 16:28:34 +0000

The country’s trade deficit shrank to $1.30 billion in June from a month and a year earlier as exports and imports continued to fall by double digits, the Philippine Statistics Authority (PSA) reported on Wednesday. Data from the statistics agency showed that the gap was 1.5 percent and 50.6 percent smaller than the $1.32 billion […]

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