Sign up | Log in



Home  >>   Daily News  >> Philippines>>Investment>>BSP sees October inflation at 3.2-3.7%
NEWS UPDATES Asean Affairs    November 1,  2017  

BSP sees October inflation at 3.2-3.7%

The Bangko Sentral ng Pilipinas (BSP) on Monday said it expects inflation to settle within the 3.2- to 3.7-percent range in October, on the back of higher utility rates.

"Increases in domestic petroleum prices, electricity rates in Meralco-serviced areas, and water rates in Maynilad- and Manila Water-serviced areas, as well as the weaker peso could contribute to upward price pressures for the month," it said in an emailed statement.

Pump prices of petroleum products were hiked in three out of the four weeks of October, while the Manila Electric Co. (Meralco) imposed an increase of P0.0345 per kilowatt-hour during the month.

"Nonetheless, average inflation is expected to remain within the National Government's target range of 3.0 percent ± 1.0 percentage point for the year," the BSP said.

Inflation registered at 3.4 percent in September, the fastest so far in the first nine months of the year.

The Philippine Statistics Authority is scheduled to release October's inflation rate on Nov. 7, 2017.

Philippines News, Economy, The Bangko Sentral ng Pilipinas


Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
Online Ad Rates

Comment on this Article. Send them to

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below

  Today's  Stories                         November 1,  2017
• Filipino, Japanese businessmen sign 25 deals worth $6b in investments  Subcribe: Asean Affairs Global Magazine
• Myanmar pro-army rally defies Rakhine outcry Subsribe Now !
Investments reach 75.6 percent up to Q3
Research Reports
on Thailand 2007-2008

• Textiles and Garments Industry
• Coffee industry
• Leather and footwear industry
• Shrimp industry

• BSP sees October inflation at 3.2-3.7%
• Agribank, VAMC sign contract to resolve bad debts
Asean Analysis                  October 27,  2017
• Asean Analysis October 27, 2017
Southeast Asia from Scott Circle: Indonesian Presidential Politics Begins to Heat Up 18 Months before Elections
Advertise Your Brand

Asean Stock Watch   October 19,  2017

• Asean Stock Watch-October 19, 2017
The Biweekly Update
• The Biweekly Update  October 27, 2017

ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent
• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore • Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline • Vietnamese PM projects 10-year socioeconomic plan


This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

| Terms of Use | Site Map | Privacy Policy  | DISCLAIMER |

Version 5.0
Copyright © 2006-2020 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand