FOREX TradingCharts.com

Financial News: Philippines Inflation At 22-Month High

Philippines Inflation At 22-Month High

01/05/2021 - 05:04:00 (RTTNews)

(RTTNews) - The Philippines' inflation rose to the highest level in twenty-two months in December, data from the Philippine Statistics Authority showed on Tuesday.

The consumer price index rose 3.5 percent annually in December, following a 3.3 percent increase in November. Economists had expected a 3.1 percent rise.

The latest inflation was the highest since February last year, when it was 3.8 percent.

The latest inflation was mainly due to the 4.8 percent rise in prices in the heavily-weighted food and non-alcoholic beverages.

Health cost grew 2.6 percent and transportation charges gained 8.3 percent. Prices for restaurant and miscellaneous goods and services rose 2.5 percent.

Core inflation, which excludes prices of selected food and energy items, rose to 3.3 percent in December from 3.2 percent in the previous month.

On a monthly basis, consumer prices rose 0.7 percent in December, after a 0.9 percent increase in the prior month.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


European Economics Preview: UK Consumer Price Data Due (41 min(s), 01 sec(s) ago)
(RTTNews) - Consumer and producer prices from the UK are due on Wednesday, headlining a light day ...Full Story»

China Retains Benchmark Lending Rates (47 min(s), 01 sec(s) ago)
(RTTNews) - China's benchmark lending rates were left unchanged as widely expected, on Wednesd ...Full Story»

Australia Consumer Confidence Index Slips In January - Westpac (32 min(s), 59 sec(s) ago)
(RTTNews) - Consumer confidence in Australia took a hit in January, the latest survey from Westpac ...Full Story»

Australia Consumer Confidence Data Due On Wednesday (12 min(s), 59 sec(s) ago)
(RTTNews) - Australia will on Wednesday see January results for the consumer confidence index from ...Full Story»

German Economy To Grow 3.5% This Year, IMF Says (23 min(s), 59 sec(s) ago)
(RTTNews) - Germany's economy is set to grow 3.5 percent this year after a 5.4 percent contrac ...Full Story»

IMF Sees France's Growth At 5.5% This Year (09 min(s), 59 sec(s) ago)
(RTTNews) - The International Monetary Fund projected France's economic growth at 5.5 percent ...Full Story»

Italy's Current Account Surplus Increases In November (22 min(s), 59 sec(s) ago)
(RTTNews) - Italy's current account surplus increased in November from the previous year, the ...Full Story»

Eurozone Construction Output Rises In November (03 min(s), 59 sec(s) ago)
(RTTNews) - Eurozone's construction output rose in November, data form Eurostat showed on Tues ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

European Economics Preview: UK Consumer Price Data Due

01/20/2021 - 00:36 AM (RTTNews)
(RTTNews) - Consumer and producer prices from the UK are due on Wednesday, headlining a light day ...Full Story>>

China Retains Benchmark Lending Rates

01/20/2021 - 00:30 AM (RTTNews)
(RTTNews) - China's benchmark lending rates were left unchanged as widely expected, on Wednesd ...Full Story>>

Australia Consumer Confidence Index Slips In January - Westpac

01/19/2021 - 18:50 PM (RTTNews)
(RTTNews) - Consumer confidence in Australia took a hit in January, the latest survey from Westpac ...Full Story>>

Australia Consumer Confidence Data Due On Wednesday

01/19/2021 - 17:30 PM (RTTNews)
(RTTNews) - Australia will on Wednesday see January results for the consumer confidence index from ...Full Story>>

German Economy To Grow 3.5% This Year, IMF Says

01/19/2021 - 11:41 AM (RTTNews)
(RTTNews) - Germany's economy is set to grow 3.5 percent this year after a 5.4 percent contrac ...Full Story>>

Do not sell my personal information

Copyright © 2021. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.