The 91-day treasury bill rate went down to 1.244 percent in September from 1.373 in August. Meanwhile, 182-day and 364-day rates went up to 1.65 and 1.864, respectively. All T-bill rates are now higher compared to those of the same period last year.
Source: Bangko Sentral ng Pilipinas (BSP)
The value and volume of production indices had minimal movements in the last couple of months. The value index stayed at 188.5 in July from 189.4 in June. Meanwhile, the volume index remained at 126.6 in July from 126.7 in June. Compared to the same period last year, the value and volume indices went up by 13.4 and 11.1 percentage points, respectively.
Source: Monthly Integrated Survey of Selected Industries (MISSI), (PSA-NSO)
Based on the latest National Nutrition Survey of the Food and Nutrition Research Institute (FNRI), the proportion of underweight children aged 0 to 5 years old has slightly declined in 2013, from 20.2 percent in 2011 to 19.9 percent.
Note: Data from 2008 up to present (Using WHO-CGS)(FNRI)
Source: Food and Nutrition Research Institute (FNRI)
The average peso-dollar exchange rate went up to 43.7673 in August from 43.4665 in July. This is slightly lower compared to 43.8639 in the same period last year. The highest monthly average rate for 2014 was that in January at 44.9270.
Source: Bangko Sentral ng Pilipinas (BSP)
The total Overseas Filipinos` Cash Remittances reached 2.06 billion US dollars in July 2014. This is higher compared to 1.95 billion US dollars in the same period last year. It was the highest level of cash remittances registered since January 2014.
Source: Bangko Sentral ng Pilipinas (BSP)
The Gross Domestic Product (GDP) grew by 6.4 percent in the second quarter of this year. This rate is below that of the same quarter last year by 1.5 percentage points. Meanwhile, GNI grew by 7.3 in the same period, around a point higher from that of the second quarter of 2013 (6.4%).
Source: Philippine Statistics Authority (PSA)
The headline inflation rate remained at 4.9 percent, same as that of last month. This was due to the mixed movements in the different commodity groups. To compare, the headline inflation rate in August last year was only 2.1 percent. Meanwhile, the core inflation rate went up to 3.4 percent from 3.0 percent in July 2014.
Source: Philippine Statistics Authority - National Statistics Office (PSA-NSO)
Based on the preliminary data, the gross international reserves (GIR) stood at US$80.785 billion as of end of August 2014, up by US$0.141 billion from the end of July of US$80.644 billion. The GIR remains ample as it can cover 11 months’ worth of imports of goods and payments of services and income.
Source: Bangko Sentral ng Pilipinas (BSP)
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