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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 351070 [Title] => Inflation slows to 6.4% in July [Summary] => Inflation slowed to 6.4 percent in July, its lowest level in two years, from 6.7 percent in June, the National Statistics Office reported yesterday, raising the prospect that interest rates will remain steady.
The slowdown was attributed mainly to easing food prices.
The July figure came in at the lower end of the Bangko Sentral ng Pilipinas (BSP) projected range of 6.3 to seven percent and was the lowest since June 2004 when it hit 5.4 percent, the NSO said.
[DatePublished] => 2006-08-05 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 316346 [Title] => BSP maintains key interest rate [Summary] => The Bangko Sentral ng Pilipinas (BSP) kept its key interest rate unchanged at 7.5 percent for a third month yesterday to boost economic growth as a rising peso helps dampen inflationary pressures.
"The monetary board noted that recent evidence of easing inflation pressures supports an unchanged policy setting, BSP Governor Amando Tetangco Jr. said. "Easing energy prices, favorable food prices and the appreciation of the peso should help keep price pressures at bay in the near term," he added.
[DatePublished] => 2006-01-13 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
SEPTEMBER AND APRIL
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 351070 [Title] => Inflation slows to 6.4% in July [Summary] => Inflation slowed to 6.4 percent in July, its lowest level in two years, from 6.7 percent in June, the National Statistics Office reported yesterday, raising the prospect that interest rates will remain steady.
The slowdown was attributed mainly to easing food prices.
The July figure came in at the lower end of the Bangko Sentral ng Pilipinas (BSP) projected range of 6.3 to seven percent and was the lowest since June 2004 when it hit 5.4 percent, the NSO said.
[DatePublished] => 2006-08-05 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 316346 [Title] => BSP maintains key interest rate [Summary] => The Bangko Sentral ng Pilipinas (BSP) kept its key interest rate unchanged at 7.5 percent for a third month yesterday to boost economic growth as a rising peso helps dampen inflationary pressures.
"The monetary board noted that recent evidence of easing inflation pressures supports an unchanged policy setting, BSP Governor Amando Tetangco Jr. said. "Easing energy prices, favorable food prices and the appreciation of the peso should help keep price pressures at bay in the near term," he added.
[DatePublished] => 2006-01-13 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
abtest
By Donnabelle L. Gatdula | August 5, 2006 - 12:00am
By Des Ferriols | January 13, 2006 - 12:00am
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