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NEWS UPDATES Asean Affairs   October 22, 2018  





Inflation soars to 6.2% in Q3

 Inflation or the rate of increase in the prices of goods and services clocked in at 6.2 percent during the third quarter of 2018, the Bangko Sentral ng Pilipinas (BSP) said Friday.

The third quarter inflation print is faster than the 4.8-percent average posted in the second quarter of the year, and compares with 2.7 percent recorded in the same period last year.

This brought the first nine months average to 5 percent, BSP Officer-in-Charge Maria Almasara Tuaño-Amador said in a press briefing in Manila, noting that “this is higher than the upper end of the National Government’s target range of 3.0 percent ± 1.0 percentage point for the year.”

“Inflation pressures during the review quarter were attributed mainly to rising food and energy prices,” Amador said.


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ASEAN  ANALYSIS

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

 


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