May 2014

The outstanding BSP-approved/registered total external debt stood at US$58.5 billion in December 2013, lower than the US$60.3 billion posted in December 2012. Source: Bangko Sentral ng Pilipinas, BSP

For the latest data on Total External Debt. Please view Table

Based on preliminary data the country`s gross international reserves (GIR) stood at US$79.61 billion as of end-April 2014. This is slightly lower compared to US$79.65 billion from end-March 2014. According to the Bangko Sentral ng Pilipinas (BSP), the decline was due mainly to outflows arising from payments by the National Government (NG) for its maturing foreign exchange obligations and foreign exchange operations. The GIR remains ample as it can cover 11 months’ worth of imports of goods and payments of services and income. Note: The final data on GIR are released to the public every 19th day of the month in the Statistics section of the BSP`s website under the Special Data Dissemination Standards(SDDS). If the 19th day of the month falls on a weekend or is a non-working holiday, the release date shall be the working day nearest to the 19th. Source: Bangko Sentral ng Pilipinas, BSP

For the latest monthly data on GIR. Please view Table

The monthly average peso-dollar exchange rate continued to go down to 44.6416 in April, from 44.9266 in January 2014. Source: Bangko Sentral ng Pilipinas, BSP

For the time-series data on monthly average peso-dollar exchange rate. Please view Table

The Total Overseas Filipinos’ Cash Remittances reached 1.8 billion US dollars in February 2014. This is higher compared to 1.7 billion US dollars in February 2013. Source: Bangko Sentral ng Pilipinas, BSP

For the latest data on OFs Cash Remittances by country and source. Please view Table

Composite Index ended at 6,708 for the month of April. This is higher compared to last March`s 6,429. Source: Philippine Stock Exchange (PSE)

For monthly data on composite index, please view Table

According to Philippine Statistics Authority (PSA), the year-on-year headline inflation rate increased to 4.1 percent in April, from 3.1 percent in March. This was due to higher annual increment posted in the heavily-weighted food and non-alcoholic beverages and housing, water, electricity, gas and other fuels and transport indices. Core inflation rate went up to 2.9 percent, from 2.8 percent in March 2014. Source: Philippine Statistics Authority-National Statistics Office (PSA-NSO)

For the time-series data on year-on-year inflation rate. Please view Table