Based on PSA's press release, mixed movements in the annual growths were observed among the commodity groups. Higher annual gains were noted in the indices of alcoholic beverages and tobacco; clothing and footwear; health; recreation and culture; and restaurant and miscellaneous goods and services. On the other hand, the index for housing, water, electricity, gas, and other fuels continued to register annual decline while the rest of the commodity groups remained at March's rates. Likewise, core inflation rate remained at 1.5 percent.
Source of data: Philippine Statistics Authority (PSA)
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The GDP grew by 6.9 percent in the first quarter of 2016, the highest since the second quarter of 2013. Based on PSA report, this was driven by the Services Sector which grew by 7.9 percent and the Industry growing by 8.7 percent. Meanwhile, GNI posted a growth rate of 7.6 percent.
Source of data:Philippine Statistics Authority (PSA)
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The Philippine Stock Exchange Index (PSEi) ended at 7,159.29 for the month of April. This is lower compared to last March’s 7,262.30.
Source of data:Philippine Stock Exchange (PSE)
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The average peso-dollar exchange rate went down to 46.285 in April, from 46.724 in March.It shows that the peso had become relatively stronger compared to the US dollar. However, this figure is still higher compared to44.414 in the same period last year.
Source of data: Bangko Sentral ng Pilipinas (BSP)
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The Philippine Stock Exchange Index (PSEi) ended at 7,262.30 for the month of March. This is higher compared to last February’s 6,671.04.
Source of data:Philippine Stock Exchange (PSE)
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