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News and Events

Inflation in December Slows Down Further to 5.1% Lowest Since June 2018

Prices of commodities increased by an average of 5.2% in 2018, higher than the government's target range

The general increase in prices of commodities in the country slowed down in December to 5.1 percent year-on-year, the Philippine Statistics Authority (PSA) announced on January 4, Friday.This is a further decline from the previous month’s inflation rate of six percent, but ...

by Pauline Macaraeg for  | January 04, 2019 06:00:00
News and Events

You'll Be Able to Download a Digital Version of Your National ID On Your Mobile Phone, Says PSA

The agency says that it will eventually replace the need for a physical card

Lisa Grace Bersales, national statistician and civil registrar general of the Philippine Statistics Authority, speaks at the FINTQ On Q, a roundtable discussion organized by FINTQnologies Corp., the fintech arm of telecommunications firm PLDTLast August saw the signing into law of Republic Act ...

by Lorenzo Kyle Subido  | November 15, 2018 11:00:00
News and Events

Inflation Remained at 9-Year High of 6.7% in October

Prices of alcoholic drinks and tobacco, food and non-alcoholic beverages rise the fastest

The Philippines’ headline inflation in October 2018 reached 6.7 percent, still the highest recorded in nine years. It maintained the same rate pegged in the previous month.The increase in prices in areas outside of Metro Manila also maintained the same pace at ...

by Pauline Macaraeg  | November 06, 2018 11:00:00
News and Events

PH Inflation Soars Highest in ASEAN as It Hits New 9-Year Peak of 6.7% in Sept.

Pace of consumer price increases slows in Metro Manila but accelerates in rest of the country

Inflation, or the average annual increase in consumer prices, rose to a fresh nine-year high of 6.7 percent in September from 6.4 percent in August, the Philippine Statistics Authority (PSA) announced on Friday, October 5.It now stands more than triple the average ...

by Pauline Macaraeg  | October 05, 2018 04:00:00
News and Events

After 2 Years of Optimism, Why Have Consumers Become Pessimistic Again?

The consumer confidence index turned positive only under Duterte. Is that about to change?

The overall consumer confidence index, a measure of Filipinos’ sentiment on how their households are faring financially and economically, fell to -7.1 in the third quarter of 2018 from 3.8 in the previous quarter, according to the Bangko Sentral ng Pilipinas (BSP).That’s ...

by Lorenzo Kyle Subido  | September 12, 2018 10:00:00
News and Events

(Look) Amid Rising Inflation, Guess Which Expense Item Costs Less This Year?

Officials initially thought the commodity's price index also went up; turned out it was down

It’s not all bad news when it comes to the country’s latest consumer price inflation, which surged to a near-decade high of 6.4 percent in August.Though most of the commodity groups that made up the consumer price index (CPI) went up, led ...

by Pauline Macaraeg  | September 11, 2018 01:00:00
News and Events

Rice, Corn or Noodles? Fish or Meat? What to Buy as Inflation Hits a Nine-Year High

Using variations in price increases as a guide for your next trip to the grocery or the mall

As inflation hit fresh highs in recent months in part due to lack of cheaper rice varieties sold by the government, the Department of Agriculture suggested consumers should consider shifting to corn, or a mixture of rice and corn, as staple food. ...

by Elyssa Christine Lopez  | September 07, 2018 05:00:00
News and Events

Consumer Price Inflation Surges to 6.4% in August, Highest Since 2009

Rising prices of food, beverages as well as tobacco and alcoholic drinks drive inflation higher

The annual inflation rate, a measure of how fast consumer prices have risen in the past year, surged to 6.4 percent in August, the Philippine Statistics Authority (PSA) announced on September 5.That marks an increase from the 5.7-percent rate reported last July. ...

by Lorenzo Kyle Subido  | September 05, 2018 11:00:00
News and Events

Ayalas and Aboitizes Want to Design and Develop PH's National ID System

Project will collect, store, maintain, manage and authenticate identity information of Filipino adults

Companies belonging to two of the country’s largest family-owned conglomerates have teamed up to submit an unsolicited proposal to design and develop the country’s national identification system.In separate disclosures to the Philippine Stock Exchange (PSE) on Tuesday, August 14, Ayala Corporation (AC) ...

by Pauline Macaraeg  | August 14, 2018 03:00:00
News and Events

(Infographic) How Will the Philippines be Affected by the US-China Trade War?

Most of the country's top five exports to and imports from China are seen to be covered by higher US tariffs

On July 6, both the US and China imposed tariffs on each other’s products, which affected a combined $68 billion (Php3.6 trillion) worth of imported and exported goods. The US government later announced that it may soon apply tariffs to an additional ...

by Lorenzo Kyle Subido  | July 19, 2018 09:00:00
News and Events

(LOOK) Why the Planned National ID Card Will Be Hard to Fake

Check out the initial design of the card and some of its enhanced security features

Following the Senate and House of Representatives’ ratification of the Philippine Identification System (PhilSys) Act of 2018, it’s only a matter of time before President Rodrigo Duterte signs the bill that will finally establish a National ID System in the country.Related story: ...

by Elyssa Christine Lopez  | June 05, 2018 09:00:00
News and Events

No Wonder You’re Spending More: PH Inflation Jumps to 41-Month High of 3.9% in Feb

In Metro Manila, prices rose by 4.7%, due to higher costs of alcoholic drinks and tobacco

The Philippines’ newly rebased headline inflation rate soared to a 41-month high of 3.9 percent in February from 3.4 percent the previous month and 3.1 percent in February last year, according to the Philippine Statistics Authority (PSA).The inflation surge came in the ...

by Pauline Macaraeg  | March 06, 2018 01:00:00
News and Events

What Are the Country's Highest Paying Jobs in 2016?

Here are the top 50 out of over 400 jobs across 51 industries, according to the PSA

Every other year, the Philippine Statistics Authority (PSA) releases the Occupational Wages Survey (OWS), which lists the average monthly pay of different jobs across several industries. Targeting establishments that have at least 20 employees, the data generated by the OWS serves as ...

by Lorenzo Kyle Subido  | September 18, 2017 06:00:00