Philippines: Another Aggressive BSP Rate Hike Mirrors Its Hawkish Stance
Amid typhoon-driven, supply shocks, rising but 'transitory' food prices, and domestic demand remaining firm, the Monetary Board (MB) approved...
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Philippines: Resilient Current Account Deficit Risk
While the hefty current account (C/A) deficit resumed in 2Q18 (-3.6% of 2Q GDP), it was offset by strong direct investments courtesy of FDI...
285 Views
Quo Vadis, PHP?
August inflation print of 6.4%YoY demanded a lower PHP to recover competitiveness but not by as much as 54. We estimate 53.77 as the ideal PHP...
237 Views
Philippine CPI: Heightened Food Inflation in Aug Creates Another Inflation Surge
August headline CPI's annualized rate hit a high of 10% (vs 6.2% in July) as this depicted inflation’s surge during the month. Broad food CPI’s...
360 Views
Philippines Politics: Duterte's Law
Every election comes with the optimistic promise that significant change follows. The fact is, every election is actually that: a change maker....
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