Inflation hits 14-year high of 11.4%
July 3, 2008
Here’s bad news #1: the country’s inflation rate in June 2008 jumped to 11.4% due to surging prices of food and fuel as well as the weakening value of the peso against the dollar.
The figure was above the Bangko Sentral ng Pilipinas (Central Bank of the Philippines)’s forecast range of 10.4-11.2%. It was also the fastest pace in 14 years since May 1994 when inflation was recorded at 11.5%.
(Pic) Dates of official Philippine holidays in 2008
January 16, 2008
From Official list of Philippine holidays in 2008
Happy New Year!
January 1, 2008
To all our Pinoy Money Talk members, readers, visitors, feed subscribers, supporters, and friends, HAPPY NEW YEAR!
Here’s to hoping that 2008 brings prosperity, happiness and good health to all of you!
To “spark” your day, here are pictures of New Year fireworks revelry in some parts of the globe, courtesy of Reuters.
Fireworks display in Athens, Greece
