Exports were a drag in the third quarter, while consumption was stronger (Exhibit 5). The quarter also saw the central bank implementing its second rate cut for the year, with further cuts not being ruled out. Macroeconomic outlook GDP:The Philippines’ economy recorded a slower growth of 5.2...
Interest Rate Decision for February 2025 in Philippines is 5.75%, unchanged from its last period. The forecast was 5.5%. 2025/02/13 15:00 CST Recommend 2 Positive 1 Negative 0 1 Inflation Rate YoY Final for Jan in Germany is 2.3%, lower than the previous value of 2.6%. The forecast...
Jan-279:00 PM * Lending Rate Jan 2025 N/A 43.97 % p.a., NSA Iran Reference DateValuePreviousUnits Jan-279:00 PM * Balance of Goods 2024 N/A 13,138,000,000 USD Jan-279:00 PM * Consumer Price Index (CPI) Jan 2025 N/A 2,441 2010=100, NSA Jan-279:00 PM * Current Accou...
However, exports of some products declined, including pick-up trucks to Australia, the Philippines and the Middle East. The number of foreign tourist arrivals, after seasonal adjustment, remained stable compared to the previous month. Although the number of tourists from the Middle East and India ...
The ASEAN+Three consists of the 10 Association of Southeast Asian Nations members - Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand, Vietnam -- and China, Japan, and the Republic of Korea. Investment will likely gain more traction later this year...
talk about our expectations for the terminal rate in the U.S. When might we get there? Ben Herzon All right. So let's first talk about the terminal rate, and then I'll turn to when we might get there. So for several years, we've been forecasting a terminal funds rate of 2.75%....
US Nominal GDP reached 6,632.444 USD bn in Mar 2023. Its GDP deflator (implicit price deflator) increased 5.336 % in Mar 2023. Gross Savings Rate of US was measured at 16.000 % in Mar 2023.View United States's GDP per Capita from 1929 to 2017 in the chart:max...
Philippines economic growth remained strong in 2023, with GDP growth improving to a pace of 5.9% y/y in the third quarter of 2023, compared with GDP growth of 4.3% y/y in the second quarter of 2023. The outlook for 2024 is for continued rapid economic growth, helped by expected gradual...
We expect most Asian central banks to embark on rate-cutting cycles in 2024, following the Fed and the ECB. With the exception of the Philippines and Korea, Asian central banks never took rates to very restrictive territory; this limits the need to cut rates against a backdrop of healthy ...