The 91-day Tbill rate went-up to 5.213 in September from 4.928 in August.
Inflation rate slowed down to 2,7 percent in October from 2.9 percent in September due to the slow down of inflation rates for foods, beverages, tobacco, housing and repairs.
Merchandise Exports earning increased by 16.8 percent to $3190 million in September 2002 from its $2731 (unadjusted) million for the same month last year.
The peso-dollar exchange rate for the month of October averaged at 52.907 per US dollar, higher than September`s Php 52.129.
Balance of Payment yielded a deficit of $645 million for the month of July 2002 due to a large deficit of $1088 million in the Capital and Financial Account balance. The current account balance however yielded a surplus of $503 million.
Composite index closes at 1121.64 for the month of October. This is higher compared to September`s 1114.63.
Inflation rate slowed down to 2,7 percent in October from 2.9 percent in September due to the slow down of inflation rates for foods, beverages, tobacco, housing and repairs.
Merchandise Exports earning increased by 16.8 percent to $3190 million in September 2002 from its $2731 (unadjusted) million for the same month last year.
The peso-dollar exchange rate for the month of October averaged at 52.907 per US dollar, higher than September`s Php 52.129.
Balance of Payment yielded a deficit of $645 million for the month of July 2002 due to a large deficit of $1088 million in the Capital and Financial Account balance. The current account balance however yielded a surplus of $503 million.
Composite index closes at 1121.64 for the month of October. This is higher compared to September`s 1114.63.
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