Philippines Monthly Economic Developments : September 2022
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 (COVID-19) cases and hospital bed occupancy rate are manageable, the authorities lifted the mask requirement for outdoor activities.
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| Main Author: | |
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| Format: | Brief biblioteca |
| Language: | English English |
| Published: |
Washington, DC
2022-09
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| Subjects: | INFLATION, DOMESTIC DEMAND, ECONOMIC INDICATORS, ECONOMIC FORECAST, PANDEMIC MASKING LIFTED, FACTORY OUTPUT INDICATOR, UNEMPLOYMENT DATA, |
| Online Access: | http://documents.worldbank.org/curated/en/099504109202240450/IDU0538e75c2049ec04aed095ab03c6b15b0b5ad http://hdl.handle.net/10986/38042 |
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