Philippine 2Q18 GDP: Shift to Low Gear Despite Upbeat Investments
Summary Despite lower than expected 2Q GDP growth (6%YoY), domestic demand excluding inventory (10.3%YoY) was more upbeat due to robust spending...
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Philippines: Fast Core and Furious Headline Inflation in July
Summary: Peakish headline inflation at 5.7%YoY (but higher than expected), cruising core CPI (4.5%YoY) against headline CPI’s furious pace and...
444 Views
Philippines: Amid Easing Broad Money, BSP's Anti-Inflation Bias Intensifies
Summary: Broad money deceleration in June was due to less liquidity spillover from Treasury’s deficit-funding (withdrawal of its cash deposits...
372 Views
Philippines: Revenue Overperformance Dissipates 2Q18 Fiscal Stimulus
Summary: With a 2Q primary surplus, the 1H18 fiscal backdrop flagged waning fiscal stimulus due to better- than-programmed revenues eclipsing...
506 Views
Bangko Sentral's Rate Hike to Persist While Bank Reserve Cuts Stall
In a departure from BSP's (Bangko Sentral ng Pilipinas) plan to recalibrate its operational liquidity tools, BSP Gov. Nestor Espenilla Jr....
501 Views