Monday, September 21, 2020

PH Inflation Slows Further To 0.9% In September

PH Inflation Slows Further To 0.9% In September

Spotlight

7 Commandments To Revitalize The Country Safely

Medical experts recommend strict health protocols for public transportation.

Alibaba Cloud Launches New Digital Ecosystem Strategy In The Philippines

This will help local businesses adapt further to the new normal!

EDC Donates PCR Machines To Enhance Negros Oriental’s COVID-19 Resiliency

Energy Development Corporation donates equipment worth P8.5-million to Negros Oriental.

CeMAP, PISI Express Full Support For Bayanihan To Recover As One Act

The Cement Manufacturers Association of the Philippines and Philippine Iron and Steel Institute announce full support to the recently signed Bayanihan to Recover as One Act.

The Philippines’ inflation rate further slowed to 0.9 percent in September 2019, the lowest since 1.3 percent in June 2016, due to faster deceleration of the heavily-weighted food and non-alcoholic beverages index.

This is a drop from 1.7 percent last August and lower than year-ago’s 6.7 percent, the peak last year, which brought the average inflation in the first nine months this year to 2.8 percent.

In a briefing Friday, Philippines Statistics Authority (PSA) Undersecretary Claire Dennis S. Mapa said rice inflation posted a – 8.9 percent inflation; corn, – 4.1 percent; vegetables, – 4.7 percent; and sugar, jam, honey, chocolate and confectionery, -4.1 percent.

He said the latest rice inflation is lowest since 1991, with monthly price monitoring data showing an 18 percent drop year-on-year on retail price, which authorities traced to the rice tariffication law.

He forecasts inflation, to sustain its drop towards the end of the year.

“Our expectation is that it will go downward unless there are shocks,” he added. (PNA)

Latest News

Globe Partners With DLSU For World-Class STEM Education

Globe partners with De La Salle University to enhance the delivery of world class Science, Technology, Engineering and Mathematics (STEM) education to its students.

Sen. Pangilinan: Agriculture Is Engine Of Growth During COVID-19 Pandemic

"'Pag mas marami ang tanim, mas mababa ang presyo. Pero volume na yon. At kapag mas mababa ang presyo sa retail, may food for everybody. Food secure na 'yon."

Sen. Gatchalian Pushes For Replacement Fuel To Malampaya To Avert Possible Brownouts

"We're racing against time. If we fail to act now, we could be experiencing anew a debilitating rotational brownout by 2024 once our power supply from the Malampaya gas field is depleted."

Valenzuela Requires All Indoor Shops To Use Contact Tracing App

Heads up! All enclosed indoor establishments in Valenzuela will be required to to use the Valenzuela Tracing Application (ValTrace app) starting October 5.

Bataan Logs 30th Coronavirus Death

A senior citizen in Bataan has succumbed to the coronavirus recently.

Tagaytay ‘Good Model’ For Tourism Ops Amid COVID-19

Eleazar lauds Tagaytay City for being a good model in managing the entry and movement of tourists to ensure that both local residents and visitors are protected from COVID-19.

Comelec Releases Disinfection Schedule In 4 Regions

Take note of the disinfection days at the Comelec office!

DFA Logs 1 More Overseas Filipino Infected With COVID-19

DFA reports 1 more case of COVID-19 among Filipinos abroad on Saturday.

Mayor Isko Calls For Unity, Cooperation In Saving Manila Bay

"Hindi kalaban ang pamahalaan, meron tayong kalaban, baka katabi nyo lang, andyan lang si COVID-19 lumiligid ligid, yun ang tunay na kalaban."

Pres. Duterte To Address Nation From Davao City On Monday

Expect PRRD to deliver his weekly address in Davao today.