Philippines GDP Growth Rate QoQ
The Philippines is classified as an emerging market economy. The country has experienced steady growth in recent years, which can be attributed mostly to an increase in inflows of foreign direct investment and remittances. The Philippines is the largest outsourcing center in the world. In addition, the country has a thriving industrial sector that is centered on the production of electronics and other high-tech components for export to foreign firms. The Philippines is abundant in natural resources, it possesses considerable quantities of chromite, nickel, copper, coal, and oil, among other minerals and metals.
Hodnoty vyššie, ako sa očakáva, by sa mali považovať za pozitívne (býčie) pre PHP a pod očakávané hodnoty by sa mali považovať za negatívne (medvedie) pre PHP.
Správy (PHP)
Philippine Central Bank Holds Rate Steady
The Philippine central bank maintained its benchmark interest rate for the fourth consecutive meeting despite the rising inflation expectations. The Monetary Board governed by Eli Remolona, maintained the target reverse repurchase rate at 6.50 percent, as widely expected. Previously, the bank had raised the rate by a quarter-point in October.
RTTNews | Pred 30 dňami
Philippine GDP Expands More Than Forecast
The Philippine economy expanded more than expected in the fourth quarter driven by investment and household spending but the full year growth missed the government target. Economic growth moderated to 5.6 percent in the fourth quarter from 6.0 percent in the preceding period. However, this was better than the expected expansion of 5.2 percent.
RTTNews | Pred 98 dňami
Philippine Central Bank Keeps Rate Unchanged
The Bangko Sentral ng Pilipinas kept its policy rates untouched on Thursday after an off-cycle rate hike in October and hinted at more tightening if required to steer inflation towards a target-consistent path. The Monetary Board, led by Governor Eli Remolona, maintained the target reverse repurchase rate at 6.50 percent.
RTTNews | Pred 174 dňami
