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Customers buy vegetables at a market in Manila, January 4, 2019. (Czar Dancel / MANILA BULLETIN)

Inflation slows down to 5.1% in December

By Chino Leyco The rate of increase in consumer prices fell below market expectations in December, easing to its lowest level of 5.1 percent since…


A logo of the Bangko Sentral ng Pilipinas is seen at their headquarters in Manila, (REUTERS/Romeo Ranoco / MANILA BULLETIN)

BSP hikes benchmark rate by 25 bps to 4.75%

By Lee Chipongian  The Monetary Board, the central bank policy-making body, raised key rates by 25 basis points (bps) Thursday -- the fifth time it…