Headline inflation rose to a new 14-year high in December, driven by higher food prices. Core inflation continued to rise, underscoring existing price pressures and the release of pent-up demand. Despite global headwinds, merchandise exports bucked global trends by expanding by double-digits for the second consecutive month in November, contributing to the continued expansion of manufacturing output. However, goods imports contracted for the first...
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INFORMATION
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2023/01/01
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Bulletin d’information
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179528
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1
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2023/01/20
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Disclosed
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Philippines Monthly Economic Developments (January 2023)