Inflation to accelerate further in February

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Asean Affairs March 2, 2018

Inflation to accelerate further in February

Inflation is expected to accelerate further in February due to higher utility rates, the Bangko Sentral ng Pilipinas (BSP) said Wednesday.

“The BSP Department of Economic Research projects the 2006-based February 2018 inflation to settle within the 4.0 to 4.8-percent range,” it said in an emailed statement.

Inflation settled at 4.0 percent in January, the fastest in over three years, supposedly driven by the first round effects of the tax reform program.

“Higher electricity rates and food prices, along with the full pass-through of higher excise taxes on petroleum products and sugar-sweetened beverages, could lead to upward price pressures for the month of February,” the BSP said.

Earlier this month, the Manila Electric Co. raised electricity rates by P1.08 per kilowatt-hour.

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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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