PH inflation sped up to 2.5% in November

Weak peso, typhoons caused spike in prices; but rate still within 2024 target ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌     ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌     ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌     ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌     ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌     

View in browser   |   Download our app December 6, 2024 ECONOMY PH inflation sped up to 2.5% in November Inflation picked up in November after the onslaught of powerful storms hit food supply while a weak peso bloated import costs of key items like oil, although the uptick was mild and should not be a problem for the ongoing easing cycle of the central bank. By Ian Nicolas P. Cigaral ENERGY Electricity rates seen to rise in January Filipino consumers need to tighten their belts starting January next year as electricity rates are expected to rise after the Energy Regulatory Commission (ERC) allowed power generators to recover a total of P3.05 billion. By Lisbet K. Esmael FINTECH  BSP digital currency shaping up The Bangko Sentral ng Pilipinas (BSP) has completed the testing for its revived wholesale central bank digital currency (CBDC) initiative, dubbed "Project Agila." In a statement on Thursday, the BSP said the CBDC would allow financial institutions to transfer funds to each other even during off-business hours, including evenings, weekends and holidays. By Ian Nicolas P. Cigaral Like this email? Forward it to your friends and let them know that they can sign up here. BIZ BUZZ 'Best PH developer' is ALI Christmas came early for Ayala Land Inc. (ALI), thanks to its focus on the premium segment and its well-received sustainability initiatives. Just as the season of giving began, the real estate giant received the "Best Real Estate Developer in the Philippines" title from Euromoney. By Meg J. Adonis INQUIRER PLUS-EXCLUSIVE RCBC sees 50% surge in Q4 credit card usage Yuchengco-led Rizal Commercial Banking Corp. (RCBC) expects a 50-percent surge in credit card usage in the last quarter of the year as consumers rush to buy gifts and personal items ahead of the spending-heavy Christmas season. By Meg J. Adonis Try Inquirer Plus. Inquirer Plus is the Philippine Daily Inquirer's premium subscription service. Register for a free 30-day trial to get access to Inquirer's fearless reporting, exclusive stories and more. REGISTER NOW Hi Edward. Have feedback? We're happy to hear it. Give Suggestions newsletter@inquirer.com.ph © 2024 PHILIPPINE DAILY INQUIRER, Barangay La Paz, Makati City, Philippines You are receiving this email because you are subscribed to Inquirer Newsletters. Unsubscribe anytime