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As inflation remains elevated, central banks including the BSP may face pressure to tighten monetary policy.

The southwest monsoon rains wreaked havoc on food production and contributed to elevated headline inflation.

Trade deficit widens as import growth outpaces export growth

We see the central bank on track to raise interest rates to 5.25% by year-end.

Amid easing global oil prices, which helped curb inflation, the US and Philippine central banks are likely to remain on divergent policy paths.

Challenges remain amid unresolved US-Iran issue

As initial price shock of the US-Iran conflict recedes, spillover effects emerge

Demand from AI is driving growth, but El Niño and geopolitical conflict present headwinds