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                    [Title] => Inflation steady at 3.6% in May
                    [Summary] => The inflation rate  remained steady at 3.6 percent in May as the prices of food, beverage and tobacco,  which make up a big chunk of the consumer price index basket, dropped significantly from the previous month, the National Statistics Office (NSO) reported yesterday.


The 3.6-percent inflation last month brought the five-month average to 3.6 percent, well within the government’s  full-year target of between five and six percent.


The Bangko Sentral ng Pilipinas (BSP) said yesterday it would  keep interest rates unchanged following  the NSO announcement.


                    [DatePublished] => 2002-06-06 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1690110
                    [AuthorName] => Rica Delfinado
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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            [1] => Array
                (
                    [ArticleID] => 157755
                    [Title] => Import rise signals hiked economic activity
                    [Summary] => The country’s imports improved in February after seven consecutive months of continued declines, prompting analysts to say that economic activity is definitely picking up.
                    [DatePublished] => 2002-04-19 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1690110
                    [AuthorName] => Rica Delfinado
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                    [ArticleID] => 86668
                    [Title] => RP should let peso fall — analysts
                    [Summary] => The Philippines has little choice but to let its currency slide given the formidable array of domestic and external forces aligned against it, analysts said yesterday. 


And while they agreed it would be futile for the central bank to try to arrest the decline given the limited weapons at its disposal, there were some advantages from a weaker currency. The beleaguered unit slumped again yesterday, sliding to another six-month low of 53.95 to the dollar,  passing the previous low of 53.71 on Monday. The unit has now lost almost six percent of its value since the end of last year. 

                    [DatePublished] => 2001-07-18 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1516122
                    [AuthorName] => Michael Barker
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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ANDREW FUNG

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                    [ArticleID] => 163599
                    [Title] => Inflation steady at 3.6% in May
                    [Summary] => The inflation rate  remained steady at 3.6 percent in May as the prices of food, beverage and tobacco,  which make up a big chunk of the consumer price index basket, dropped significantly from the previous month, the National Statistics Office (NSO) reported yesterday.


The 3.6-percent inflation last month brought the five-month average to 3.6 percent, well within the government’s  full-year target of between five and six percent.


The Bangko Sentral ng Pilipinas (BSP) said yesterday it would  keep interest rates unchanged following  the NSO announcement.


                    [DatePublished] => 2002-06-06 00:00:00
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                    [AuthorName] => Rica Delfinado
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                    [ArticleID] => 157755
                    [Title] => Import rise signals hiked economic activity
                    [Summary] => The country’s imports improved in February after seven consecutive months of continued declines, prompting analysts to say that economic activity is definitely picking up.
                    [DatePublished] => 2002-04-19 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1690110
                    [AuthorName] => Rica Delfinado
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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                (
                    [ArticleID] => 86668
                    [Title] => RP should let peso fall — analysts
                    [Summary] => The Philippines has little choice but to let its currency slide given the formidable array of domestic and external forces aligned against it, analysts said yesterday. 


And while they agreed it would be futile for the central bank to try to arrest the decline given the limited weapons at its disposal, there were some advantages from a weaker currency. The beleaguered unit slumped again yesterday, sliding to another six-month low of 53.95 to the dollar,  passing the previous low of 53.71 on Monday. The unit has now lost almost six percent of its value since the end of last year. 

                    [DatePublished] => 2001-07-18 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1516122
                    [AuthorName] => Michael Barker
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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abtest

Inflation steady at 3.6% in May

By Rica Delfinado | June 6, 2002 - 12:00am

The inflation rate remained steady at 3.6 percent in May as the prices of food, beverage and tobacco, which make up a big chunk of the consumer price index basket, dropped significantly from the previous month,...

Business

Import rise signals hiked economic activity

By Rica Delfinado | April 19, 2002 - 12:00am

The country’s imports improved in February after seven consecutive months of continued declines, prompting analysts to say that economic activity is definitely picking up.

Business

RP should let peso fall — analysts

By Michael Barker | July 18, 2001 - 12:00am

The Philippines has little choice but to let its currency slide given the formidable array of domestic and external forces aligned against it, analysts said yesterday. And while they agreed it would be futile for...

Business