The year-on-year headline inflation rate increased to 3.2 percent in July from 2.8 percent in June. This was due to higher annual increments registered in all the commodity groups except those in clothing and footwear, health, transport, and education indices.
The monthly average peso-dollar exchange rate went down to 41.9054 in July from 42.7765 in June.
The country’s balance of payments position remained in surplus in the first quarter of 2012 at US$1.2 billion. This was, however, lower by 64.4 percent compared to the US$3.5 billion surplus in the same quarter a year ago, as both the current and capital and financial accounts yielded lower net inflows during the quarter.
The monthly average peso-dollar exchange rate went down to 41.9054 in July from 42.7765 in June.
The country’s balance of payments position remained in surplus in the first quarter of 2012 at US$1.2 billion. This was, however, lower by 64.4 percent compared to the US$3.5 billion surplus in the same quarter a year ago, as both the current and capital and financial accounts yielded lower net inflows during the quarter.
Related Databases
Related Publications
