Philippines: Another CPI Downside Surprise in December
Another CPI downside surprise largely due to hefty disinflation in CPI food and transport coupled with easing core inflation. Seasonally adjusted...
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Philippines: Time to Mull over the Risks of the 'twin Deficit' Syndrome
We remain upbeat on 2019 growth prospects (6.5%-6.6%) amid fading inflation risk. However, we don’t see a return to the ‘sweet spot’ with the...
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Philippine Monetary Policy: Relief from No Rate Hike
In yesterday's Monetary Board (MB) meeting (December 13), policymakers decided to maintain the policy rate at 4.75%. Receding price pressures on...
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Philippine November CPI: Inflation's Inflection Point to the Downside Shows Up
November CPI data did not disappoint in delivering inflation’s inflection point. As such, inflation’s downward trajectory next year has been...
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Amid Slumping Oil Prices, Could We Rewind to the 'Sweet Spot'?
Amid falling oil prices, we nix the idea or view of rewinding to the sweet spot of benign inflation, upbeat growth and moderate macro imbalances....
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