How much does each commodity group contribute to November inflation?

Source: BusinessWorld

As COVID-related restrictions slowly ease across the globe, including in the Philippines, more people are expected to flock to malls to shop and spend money this Christmas season...

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The National Government (NG) saw its debt service bill drop in October as lower amortization payments offset the rise in interest payments...

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Sustained economic recovery will depend on "decisive and timely actions" by the government, the Bangko Sentral ng Pilipinas (BSP) said...

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The Bangko Sentral ng Pilipinas (BSP) may deliver another 50-basis-point interest rate hike this week to further fight inflation, according to economists...

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The Philippines' external debt ratios remained "prudent" in the third quarter despite continued borrowings, the Bangko Sentral ng Pilipinas (BSP) said late on Friday...

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The Department of Environment and Natural Resources (DENR) is pushing for the creation of a law that will institutionalize carbon credit systems to streamline the country’s climate change thrust...

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Higher caps on duty-free purchases by balikbayans (Filipinos or former Filipinos returning to the Philippines) have been proposed at the House of Representatives...

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The Energy Regulatory Commission (ERC) has issued status quo orders that effectively prevent retail electricity suppliers from increasing their rates to large companies...

The National Telecommunication Commission has released the Implementing Rules and Regulations (IRR) of the SIM Card Registration Law which is expected to be implemented on Dec. 27, 2022...

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Doctors in Britain have hailed a pioneering treatment for an aggressive form of leukemia, after a teenager became the first patient to be given a new therapy and went into remission...
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The Bureau of Customs(BoC) has formally launched the operations portal for the electronic exchange of the Asean Customs Declaration Document (ACDD)...
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President Ferdinand Marcos Jr. arrived here on Monday morning to attend the Association of Southeast Asian Nations-European Union (Asean-EU) Commemorative Summit, his seventh official trip abroad since assuming office on June 30...

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President Ferdinand “Bongbong” Marcos Jr. will raise the issue on human rights abuses in the Philippines during a three-day summit here after European lawmakers threatened to cut trade perks for Manila due to abuses linked to the previous administration...

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The state visit of President Ferdinand Marcos Jr. to China in early January 2023 will set the tone of relations between the two countries in the next five years, an official of the Department of Foreign Affairs said...

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The US government is sending its first high-level delegation to China since a pledge made last month by Chinese leader Xi Jinping and US President Joe Biden to repair frayed relations...

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The Department of Trade and Industry (DTI) has signed a memorandum of understanding with the Korea Consumer Agency for greater cooperation in the area of consumer protection which is seen benefiting consumers in the Philippines and South Korea...

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The European Union embargo on Russia's oil and an international cap on the price of the country's crude is disrupting the maritime transport sector...

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One of China's top health experts has warned of a surge in Covid-19 cases, state media said Sunday, in the wake of the government's decision to abandon its hardline coronavirus strategy...

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Infections are delivering a fresh kick in the teeth for many small businesses in China’s central city of Wuhan, despite the easing of most stringent curbs last week...

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Oil prices rose more than 1 percent in early Asian trade on Monday as a key Canada-United States crude pipeline stayed shut while Russian President Vladimir Putin threatened to cut production in retaliation against a Western price cap on Russian oil exports...

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The US Federal Reserve is poised to slow its interest rate hikes next week, economists say, as central bankers' most forceful moves in decades to fight inflation ripple through the economy...

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Asian shares dipped on Monday while the dollar drifted higher at the start of a hectic week, as markets awaited a flurry of rate decisions from the U.S. Federal Reserve, the European Central Bank and others...

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NASA’s Orion space capsule splashed down safely in the Pacific on Sunday, completing the Artemis 1 mission — a more than 25-day journey around the Moon with an eye to returning humans there in just a few years...

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Iran on Saturday (Sunday in Manila) again called in the British ambassador, marking the 15th time in less than three months a foreign envoy has been summoned, as protests shake the country...

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More than 11,000 children are known to have been killed or maimed in Yemen’s civil war since it escalated nearly eight years ago, the United Nations said Monday...

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A local governance think-tank urges the administration of President Ferdinand Marcos Jr. to heed the request of the local government units (LGUs) to move the implementation of full devolution to 2027, instead of 2024, the target period set by his predecessor Rodrigo Duterte...

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Filipino families raising children with disabilities spend 40 to 80 percent more than those who do not, leaving them with poverty rates “that are 50 percent or higher” compared to other households...

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President Ferdinand "Bongbong" Marcos Jr. called on government agencies concerned with the training, certification and deployment of Filipino seafarers to avert a possible job loss for at least 50,000 seamen employed by Europe-based shipping companies...

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The Commission on Elections (Comelec) resumes today, December 12, the registration of voters as it prepares for the barangay (village) and youth polls next year...

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As the Philippine economy rebounds from the Covid-19 pandemic, traffic congestion has returned to hound Metro Manila motorists and commuters...

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The government brought down its debt payments in October amid a decline in principal amortization, with still about 30 percent of the debt service needed to be paid for the rest of the year...

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Infrastructure-oriented think tank Infrawatch PH has warned of more expensive power rates next year as a direct consequence of the Energy Regulatory Commission (ERC)’s rejection of the joint petition of San Miguel Global Power (SMGP) and Meralco to temporarily raise power rates by at least P0.30 per kilowatt-hour...

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The retail prices of red onions soared to P340 a kilo and siling labuyo (small hot chili) to P700 per kilo amid tight supply, the Department of Agriculture (DA) said on Monday...

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The Commission on Elections (Comelec) resumes today, December 12, the registration of voters as it prepares for the barangay (village) and youth polls next year...

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For the fourth consecutive week, local oil companies will roll back their pump prices of petroleum products on Tuesday, Dec 13...

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