Skip to content
  • About Us
  • Contact Us
  • RSS
Facebook Twitter Instagram
#image_title
BILYONARYO.COM
Search
  • Home
  • Business
  • Social
  • Video
  • Money
  • Power
  • Property
  • Travel
  • Technology
  • Health
  • Lifestyle
  • Food & Nature
  • Fine Works
  • Golf
Menu
  • Home
  • Business
  • Social
  • Video
  • Money
  • Power
  • Property
  • Travel
  • Technology
  • Health
  • Lifestyle
  • Food & Nature
  • Fine Works
  • Golf
Popular Tags Today:
↑ Manny V. Pangilinan, Mediaquest Group, TVJ, TV5 | Bullet Jalosjos, Eat Bulaga | Lalamove | DFNN, Ricardo Banaag | McDonald’s Philippines, Fruitas, Lester Yu, Kristopher Yang | --- Exciting Announcement: Usapang Bilyonaryo Season 2 on CNN Commences this July 2023 | RLC RESIDENCES YOUR BEST LIFE IS YET TO COME
  • Home
  • Business
  • Social
  • Video
  • Money
  • Property
  • Technology
  • Travel
  • Health
  • Lifestyle
  • Food & Nature
  • Fine Works
  • Golf
  • RSS
Menu
  • Home
  • Business
  • Social
  • Video
  • Money
  • Property
  • Technology
  • Travel
  • Health
  • Lifestyle
  • Food & Nature
  • Fine Works
  • Golf
  • RSS

Bilyonaryo - Business

BSP forecasts April inflation to dip below 7% amid stable exchange rates and lower energy costs

  • April 29, 2023
  • Bilyonaryo.com

The Bangko Sentral ng Pilipinas (BSP) has projected a potential drop in the country’s inflation rate to below seven percent for the month of April, attributed to stable exchange rates, lower power costs, and a rollback in petroleum product prices.

The April consumer price index (CPI) forecast range is seen to be between 6.3 and 7.1 percent, compared to the actual March CPI of 7.6 percent.

However, the BSP cautioned that if the peso were to depreciate vis-à-vis the US dollar, inflation could hit the higher end of the forecast.

Despite this, the BSP remains prepared to respond appropriately to continuing inflation risks in line with its data-dependent approach to monetary policy formulation.

BSP Governor Felipe M. Medalla has already hinted that the Monetary Board could pause its policy rate increases in the event of a third consecutive negative inflation month-on-month.

The Monetary Board is expected to revise current inflation forecasts of six percent for 2023 and 2.9 percent for 2024 during its monetary policy decision on May 18, and may even cut the policy rate if inflation continues to decline for six straight months.

Medalla remains confident that inflation will fall to within the two percent to four percent target range by November or December of this year, barring any more external shocks.

  • Related News Tags: Bangko Sentral ng Pilipinas (BSP), consumer price index (CPI), inflation
PrevPreviousUS regulators admit mistakes were made ahead of regional bank failures
NextBoosting tourism through local cuisine: FCAP appeals for government supportNext

You may also like

Watch more Usapang Bilyonaryo

Cold war at the coin launch: BFFs Diokno and Medalla snub each other in Malacanang event

The once amicable relationship between Finance Secretary Benjamin Diokno and Bangko Sentral ng Pilipinas (BSP) Governor Felipe Medalla seemed to have taken an icy turn during the recent unveiling of new coins at Malacañang on Monday (June 5).

NAIA privatization in sight: DOTr sets Q1 2024 deadline

The Department of Transportation (DOTr) is pushing for the privatization of the Ninoy Aquino International Airport (NAIA) by the first quarter of 2024.

World Bank upgrades Philippine growth outlook to 6%

The World Bank has improved its outlook for the Philippine economy this year as it projects growth of six percent, citing robust domestic demand as a key driver of expansion.

Powering Negros’ economic surge: Ricky Razon’s Primelectric joins forces with CENECO in P4 billion joint venture

Primelectric Holdings Inc., an affiliate company of ultra bilyonaryo Enrique K. Razon Jr.’s MORE Electric and Power Corp., has signed a joint venture agreement with Central Negros Electric Cooperative.

BBM calls for stronger partnership with FFCCCII to boost the economy, advance nat’l development

President Ferdinand R. Marcos Jr. called for a renewed alliance between the government and the Federation of Filipino-Chinese Chambers of Commerce and Industry, Inc. (FFCCCII), recognizing the federation’s crucial role in economic development and national progress.

Cold war at the coin launch: BFFs Diokno and Medalla snub each other in Malacanang event

NAIA privatization in sight: DOTr sets Q1 2024 deadline

World Bank upgrades Philippine growth outlook to 6%

Powering Negros’ economic surge: Ricky Razon’s Primelectric joins forces with CENECO in P4 billion joint venture

BBM calls for stronger partnership with FFCCCII to boost the economy, advance nat’l development

San Miguel’s food and beverage unit anticipates strong second half amid falling raw material costs

Alfonso Huang-led Maxwealth Infinity Holdings acquires LMG as major shareholders exit

Ricky Razon’s ICTSI and SeaLead launch direct service linking Pakistan and Australia

‘Mas bago, mas masaya:’ TAPE exec Jalosjos asks viewers to give Eat Bulaga reboot a chance

Read more Business stories

Recommended from sister websites

→ Abogado
Fred Nojara drops t-shirts for barong in latest book signing
→ Abogado
DOJ forms panel to probe multiple murder raps vs Teves
→ Politiko
Marcos: Fast-track rollout of PRDP Scale-Up
→ Politiko
Malapit na sa target! Pangandaman touts effectiveness of economic strategies as inflation eases
→ Bankero
Bank of the Philippine Islands Pursues $200 Million Syndicated Term Loan for Debt Refinancing
Power

NEA empowers electric cooperatives with P450.7 million in financial assistance

State-run National Electrification Administration (NEA) has extended loans worth PP450.66 million to 16 electric cooperatives (ECs) as of the end of May.

Money

OECD slightly raises world GDP growth forecast to 2.7%

The OECD slightly raised its growth outlook for the world economy on Wednesday as inflation eases and China has dropped Covid restrictions, but it warned the recovery faces a “long road”.

Business

NAIA privatization in sight: DOTr sets Q1 2024 deadline

The Department of Transportation (DOTr) is pushing for the privatization of the Ninoy Aquino International Airport (NAIA) by the first quarter of 2024.

Property

Injap Sia’s Cebu airport hotel project sells out in record time, surpassing targets

DoubleDragon, led by business magnate Injap Sia, has fully sold out its airport hotel project in Cebu in just 21 months, surpassing its target completion date by over a year.

Latest on Bilyonaryo

Cold war at the coin launch: BFFs Diokno and Medalla snub each other in Malacanang event

The once amicable relationship between Finance Secretary Benjamin Diokno and Bangko Sentral ng Pilipinas (BSP) Governor Felipe Medalla seemed to have taken an icy turn during the recent unveiling of new coins at Malacañang on Monday (June 5).

Read More »

NAIA privatization in sight: DOTr sets Q1 2024 deadline

The Department of Transportation (DOTr) is pushing for the privatization of the Ninoy Aquino International Airport (NAIA) by the first quarter of 2024.

Read More »

World Bank upgrades Philippine growth outlook to 6%

The World Bank has improved its outlook for the Philippine economy this year as it projects growth of six percent, citing robust domestic demand as a key driver of expansion.

Read More »

Powering Negros’ economic surge: Ricky Razon’s Primelectric joins forces with CENECO in P4 billion joint venture

Primelectric Holdings Inc., an affiliate company of ultra bilyonaryo Enrique K. Razon Jr.’s MORE Electric and Power Corp., has signed a joint venture agreement with Central Negros Electric Cooperative.

Read More »

BBM calls for stronger partnership with FFCCCII to boost the economy, advance nat’l development

President Ferdinand R. Marcos Jr. called for a renewed alliance between the government and the Federation of Filipino-Chinese Chambers of Commerce and Industry, Inc. (FFCCCII), recognizing the federation’s crucial role in economic development and national progress.

Read More »

San Miguel’s food and beverage unit anticipates strong second half amid falling raw material costs

San Miguel Food and Beverage Inc. (SMFB) expects improved performance in the second half of the year as raw material prices decline.

Read More »
Back to Bilyonaryo.com homepage

Exclusive!

Who’s Who at ART SG

January 12, 2023

Art SG kicked off today with art world legends and collectors showing up with extra vigor after a two-year delay due to the pandemic.

Read More »

Advertisement

Bilyonaryo Premium Ad 1
Bilyonaryo Premium Ad 2
Bilyonaryo Premium Ad 3
Bilyonaryo Premium Ad 4
Bilyonaryo Premium Ad 5

Trending on
Business

GOLD
The big switch: MVP’s Mediaquest seals deal to bring TVJ and Dabarkads to TV5

Bullet Jalosjos claims talks with TVJ ‘doomed from the start.’ Here’s why

Luxury bag merchant calls Lalamove worthless against ‘thieving’ rider

PLATINUM
Dabarkads nag-kaisa! Eat Bulaga co-hosts, creative crew resign en masse after Tito, Vic & Joey ditch TAPE-Jalosjos

Game changer: TVJ in talks with MVP for switch to TV 5; find out what happens to Vice Ganda’s ‘It’s Showtime’

Rightful owners: TVJ, Tony Tuviera seek to own ‘Eat Bulaga’ trademark after dumping Jalosjos

TITANIUM
Puno na ang salop! TVJ officially leaves TAPE Inc after bitter feud with Jalosjos

Lumalalim ang lamat! TVJ resents GMA’s Gozon for siding with Jalosjos in ‘Eat Bulaga’ feud

Yayamanin! Find out which Chinoy tycoons are related to Miss Universe PH 2023 Michelle Dee

Read more Business stories

Trending on
Bilyonaryo

Business News

The big switch: MVP’s Mediaquest seals deal to bring TVJ and Dabarkads to TV5

Social Fancy News

Proud parent: Joanna Preysler-Francisco captures precious memories of Diego’s graduation

Money News

US steps up crypto crackdown with Coinbase suit

Technology News

Apple lays down the gauntlet to the metaverse

Power News

Leandro Leviste’s SPNEC faces sanctions for breaching PSE rules

Property News

What pandemic? RHK Land Corporation tops off The Velaris Residences South Tower in just two years

Lifestyle News

Prince Harry’s past drug use at issue in US visa case

Food & Nature News

Winning formula for cloud kitchen success: McDonald’s Philippines heir invests in Lester Yu’s food empire

Health News

Merck sues to challenge new US drug price program

Travel News

Pikachu in the skies: ANA’s Pokemon-themed plane lands at NAIA

Golf News

PGA Tour players in dark over merger, LIV golfers and Trump delighted

Back to Bilyonaryo home page

Trending on
Bilyonaryo

Business News

• The big switch: MVP’s Mediaquest seals deal to bring TVJ and Dabarkads to TV5

• Bullet Jalosjos claims talks with TVJ ‘doomed from the start.’ Here’s why

Social Fancy News

• Proud parent: Joanna Preysler-Francisco captures precious memories of Diego’s graduation

• Margarita Fores beams with pride as son’s a mano soars to 15th place in 50 Top Pizza Awards

Money News

• US steps up crypto crackdown with Coinbase suit

• May pambayad na! Credit card delinquency rate down in 1Q2023

Technology News

• Apple lays down the gauntlet to the metaverse

• DFNN bolsters management team to propel growth plans; Ricardo Banaag named president and CEO

Power News

• Leandro Leviste’s SPNEC faces sanctions for breaching PSE rules

• Petron’s P50 billion preferred share offering gets SEC’s OK

Property News

• What pandemic? RHK Land Corporation tops off The Velaris Residences South Tower in just two years

• Jocel Panlilio commits up to P120 million for Siargao resort venture

Lifestyle News

• Prince Harry’s past drug use at issue in US visa case

• Five things about ‘Girl from Ipanema’

Food & Nature News

• Winning formula for cloud kitchen success: McDonald’s Philippines heir invests in Lester Yu’s food empire

• UNESCO hails $2.9B Australian plan to protect Great Barrier Reef

Health News

• Merck sues to challenge new US drug price program

• ‘Ray of hope’: New advances in fighting a range of cancers

Travel News

• Pikachu in the skies: ANA’s Pokemon-themed plane lands at NAIA

•

Golf News

• PGA Tour players in dark over merger, LIV golfers and Trump delighted

• PGA Tour, LIV Golf merge to end golf’s ‘civil war’

Back to Bilyonaryo home page

Copyright © 2022. Bilyonaryo. All Rights Reserved.
  • Home
  • Business
  • Social
  • Video
  • Money
  • Property
  • Technology
  • Travel
  • Health
  • Lifestyle
  • Food & Nature
  • Fine Works
  • Golf
  • RSS
Menu
  • Home
  • Business
  • Social
  • Video
  • Money
  • Property
  • Technology
  • Travel
  • Health
  • Lifestyle
  • Food & Nature
  • Fine Works
  • Golf
  • RSS