PDate: 6/28/2024
Content: ​The BSP projects June 2024 inflation to settle within the range of 3.4 to 4.2 percent. Increases in the prices of agricultural commodities like rice, vegetables, meat, and fish, along with the peso depreciation and higher dom...

PDate: 6/28/2024
Content: ​Transactions on foreign investments registered with the BSP, through authorized agent banks, in May 2024 recorded net inflows of US$43 million resulting from the US$1.1 billion gross inflows and the US$1.0 billion gross outfl...

PDate: 6/28/2024
Content: ​The business sentiment in the Philippines turned less upbeat in Q2 2024 as the overall confidence index (CI) declined to 32.1 percent from 33.1 percent in Q1 2024. This is reflective of the combined decrease in the percentage...

PDate: 6/28/2024
Content: ​The consumer sentiment in the Philippines was more pessimistic for Q2 2024 as the overall confidence index (CI) became more negative at -20.5 percent from -10.9 percent in Q1 2024. The decline in the index is reflective of th...

PDate: 6/27/2024
Content: ​At its meeting today, the Monetary Board decided to maintain the BSP’s Target Reverse Repurchase (RRP) Rate at 6.50 percent. The interest rates on the overnight deposit and lending facilities will remain at 6.0 percent and 7....