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The Philippines’ inflation target is measured through the Consumer Price Index (CPI). For 2009, inflation target has been set to be 3.5 percent, having a 1% tolerance level, and 4.5 percent for 2010, also having 1% tolerance. Also, the Monetary Board of the Philippines announced a target of around 4±1 percent from 2012 to 2014. [14]
Inflation hasn't been a problem for investors for a long time, with the Consumer Price Index having risen just 1.2% over the past year. But after being dormant for so long, some worry about ...
A CPI is a statistical estimate constructed using the prices of a sample of representative items whose prices are collected periodically. Sub-indices and sub-sub-indices can be computed for different categories and sub-categories of goods and services, which are combined to produce the overall index with weights reflecting their shares in the total of the consumer expenditures covered by the ...
Nigeria continues to be a hub for Overseas Filipinos primarily workers involved in the oil, gas and construction industry of the country. [7] As of 2011, there were 7,240 Filipinos in Nigeria, mostly professionals and spouses of Nigerian nationals. [8] As of 2014, about 8,000 Nigerians are studying in the Philippines. [9]
But since then, inflation has ticked back up, and it's now up to 3%. Prices in a grab bag of categories, including insurance, used cars, airfares, and rent, remain sticky-high.
(Bloomberg) -- Philippine President Ferdinand Marcos Jr. said inflation is “running rampant and out of control” after data showed price increases quickened to a 14-year high in November.Most ...
Philippine Collegiate Peace Debates (September 29, 2013) Philippine Marine Biodiversity Video Documentary by Sen. Loren Legarda (May 2014) Philippine Military Academy Graduation Rites (March, yearly) People Power 20th Anniversary Documentary Special (2006) Promulgation of the Preamble of the 1987 Philippine Live Constitution (December 4, 2013)
The latest government statistics released Thursday showed the inflation rate in January rose to 29.9%, its highest since 1996, mainly driven by food and non-alcoholic beverages. ... Nigeria’s ...