Publication: Philippines Monthly Economic Developments: September 2022
Date
2022-09
ISSN
Published
2022-09
Author(s)
World Bank
Abstract
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.
Link to Data Set
Citation
“World Bank. 2022. Philippines Monthly Economic Developments: September 2022. © Washington, DC. http://hdl.handle.net/10986/38042 License: CC BY 3.0 IGO.”