Philippines Monthly Economic Developments (September 2022) (English)

Headline inflation marginally eased in August following five consecutive months of increases. However, core inflation rose further, which is indicative of underlying price pressure and strong domestic demand. The strong demand contributed to a double-digit growth in imports, and the decline in the unemployment rate to its lowest level since the start of the pandemic. Factory outputs grew modestly and goods exports contracted in July. As Coronavirus...
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Citation

Chua,Kevin C.; Cruz,Kevin Thomas Garcia; Enriquez,Karen Annette Lazaro; Santos,Eduard Renzo; Garces,Ludigil Laborte; Tatucu,Radu; Van Doorn,Ralph; Moller,Lars Christian.

Philippines Monthly Economic Developments (September 2022) (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/099504109202240450

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