Bloomberg Philippines economic growth 2013

World Economic outlook - Bloomberg Philippines economic growth 2013 : The Philippines is poised to join the world’s 10 fastest-growing economies this year and next as Filipinos buying goods from dresses to condominiums cushion a faltering in exports that’s hurt the rest of the region.

The economy expanded 6.8 percent last quarter from a year earlier, among the fastest in Asia and exceeding economist estimates. The Philippines will probably grow 5.5 percent this year, and 5.4 percent in 2014, putting it among the fastest- expanding economies, according to Bloomberg surveys.

Philippines peso forecast 2013

World Economic outlook - Philippines peso forecast 2013 :The Philippine peso breached a four-year high against the US dollar on Dec. 6, prompting Bangko Sentral ng Pilipinas to think of forward-looking measures to temper any volatility and keep the daily  exchange rate on an even keel. Analysts see the peso running full steam into 2013, saying it would likely head for 39:$1 territory – the highest in over a decade – as it feeds on a robust economy while the US and European markets linger in uncertainty.

Survey Philippines Business confidence 2012

World Economic outlook - Philippines Business confidence forecast 2012 : Business confidence in the Philippines in the first three quarters of 2012 has been above the 40 percent level and same as in 2007, state media reported Thursday. This prompted a Central Bank official to hope that full-year expansion of the domestic economy will be above six percent.

Bangko Sentral ng Pilipinas Acting Deputy Director of Dept. of Economic Statistics Teresita Deveza, in a briefing Thursday, noted that because of the similarity in the levels of business confidence between this year and in 2007 a 6.5 percent growth for the Philippines is possible.

Philippine inflation rate forecast 2012-2013

World Economic outlook - Philippine inflation rate forecast 2012-2013 : BSP Deputy Governor Diwa Guinigundo said last month the January inflation data would be a key factor to determining if there was room to support growth further after growth in 2011 of 3.7 percent came in below a government target. Read philippine inflation rate january 2012

philippine inflation rate january 2012

World Economic outlook - philippines inflation rate january 2012 : Philippine inflation slowed to below 4 percent for the first time in more than a year, bolstering hopes the central bank will deliver a second quarterpoint cut at its March 1 meeting to shield the economy from the global downturn.

Annual headline inflation in January was 3.9 percent, slowing from the previous month's rate of 4.2 percent, based on a new series using 2006 prices, and was slightly below the 4.0 percent forecast in a Reuters poll.

Philippines GDP Growth Forecast 2012

World Economic outlook - Philippines GDP Growth Forecast 2012 : Economic growth in the Philippines gathered pace in the fourth quarter due to increased government spending, but still fell short of the government's full-year target as weakness in exports and lower farm output dragged.

Philippine economic growth prospects 2012

World Economic outlook - Philippine economy faces growth threats in 2012 : The Philippine economy is facing major risks from abroad that could limit its growth prospects next year, the central bank governor said Wednesday.

Although the country enjoys "sound macro economic fundamentals," and strong domestic demand, the economy could still be hurt by developments in Europe, the United States and China, central bank governor Amando Tetangco said.

Philippines GDP growth outlook 2012-2013

World Economic outlook - Philippines GDP growth outlook 2012-2013 : Multilateral lender International Monetary Fund (IMF) yesterday slashed anew the economic growth forecasts and the inflation projections for the Philippines this year.

IMF mission chief Vivek Arora said in a press conference that the agency is now seeing the country’s gross domestic product (GDP) expanding by 3.7 percent instead of 4.7 percent this year and by 4.2 percent instead of 4.9 percent next year.

Philippines consumer price index (CPI) november 2011

World Economic outlook - Philippines consumer price index (CPI) november 2011 : The country’s annual inflation rate, as measured by the consumer price index (CPI) eased to 4.7 percent in November, slower than the 5.3 percent recorded in the previous month, the National Statistics Office said Tuesday, prompting the Bangko Sentral ng Pilipinas to declare that price increases may have already peaked for the year.

Philippine economy growth predictions in Q3 2011

World Economic outlook - Philippine economy growth predictions in Q3 2011 : The Philippine economy is likely to grow at least 5 per cent in the third quarter compared to the previous quarter, according to a market report.

"Because of the continuously strong industrial sector, decent national government spending and OFW remittances, strong growth in China and US and the easing euro-zone crisis, it has become more likely for GDP [gross domestic product] to reach a growth of at least 5 per cent in the third quarter," First Metro Investment Corp. (FMIC, PSE:FMIC) and University of Asia and the Pacific (UA&P) said in its latest research note. GDP is the total value of final goods and services produced in the country.