Arab Today, arab today philippine inflation to remain benign despite weaker peso
Last Updated : GMT 12:19:39
Arab Today, arab today
Arab Today, arab today

Philippine inflation to remain benign despite weaker peso

Arab Today, arab today

Arab Today, arab today Philippine inflation to remain benign despite weaker peso

Manila - XINHUA

Philippine inflation is not expected to increase significantly despite the depreciation of the peso, which could make imported products such as fuel more expensive, the local central bank said Wednesday. Philippine central bank officials said the stability of world commodity prices also helps keep inflation in check. Inflation for 2014 is expected to settle at 4.5 percent, well within the 3 to 5 percent target set by the government this year. The peso closed at 45.3 against the U.S. dollar on Jan. 27, its weakest since May 2010. Its depreciation was attributed to the decision of the United States Federal Reserve to cut its stimulus program. Philippine central bank officials noted that the impact of the exchange rate to inflation has been declining in recent years due to the productivity of the country's economy. The Philippines is a net importer of a number of commodities such as fuel, electronic products, and food.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today philippine inflation to remain benign despite weaker peso Arab Today, arab today philippine inflation to remain benign despite weaker peso

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today philippine inflation to remain benign despite weaker peso Arab Today, arab today philippine inflation to remain benign despite weaker peso

 



Arab Today, arab today Designer Rania Adel reveals her new collection

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
View News in Arabic - Business: اقتصاد دولي
Arab Today, arab today
Arab Today, arab today

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 23:13 2017 Sunday ,18 June

New ransomware virus attacking mobiles in Oman
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday