{"id":77852,"date":"2016-06-28T04:24:13","date_gmt":"2016-06-28T08:24:13","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=77852"},"modified":"2016-06-28T04:24:39","modified_gmt":"2016-06-28T08:24:39","slug":"bsp-eyes-1-5-2-4-inflation-rate-june-16","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2016\/06\/28\/bsp-eyes-1-5-2-4-inflation-rate-june-16\/","title":{"rendered":"BSP eyes 1.5-2.4% inflation rate for June \u201816"},"content":{"rendered":"<figure id=\"attachment_77853\" aria-describedby=\"caption-attachment-77853\" style=\"width: 2048px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2016\/06\/12485983_997366883660474_3155120477978164612_o.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-77853\" src=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2016\/06\/12485983_997366883660474_3155120477978164612_o.jpg\" alt=\"Bangko Sentral ng Pilipinas (Photo: BSP's Facebook page)\" width=\"2048\" height=\"1363\" srcset=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2016\/06\/12485983_997366883660474_3155120477978164612_o.jpg 2048w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2016\/06\/12485983_997366883660474_3155120477978164612_o-300x200.jpg 300w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2016\/06\/12485983_997366883660474_3155120477978164612_o-768x511.jpg 768w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2016\/06\/12485983_997366883660474_3155120477978164612_o-1024x682.jpg 1024w\" sizes=\"auto, (max-width: 2048px) 100vw, 2048px\" \/><\/a><figcaption id=\"caption-attachment-77853\" class=\"wp-caption-text\">Bangko Sentral ng Pilipinas (Photo: BSP&#8217;s Facebook page)<\/figcaption><\/figure>\n<p>MANILA \u2013 Hike in tuition fees for school year 2016-17 is seen as among the reasons for an uptick in inflation rate for June 2016, the Bangko Sentral ng Pilipinas (BSP) said Tuesday.<\/p>\n<p>BSP Governor Amando Tetangco Jr., in a text message to reporters, identified other upside pressures to the rate of price increases and these are the increases in the prices of rice and vegetables.<\/p>\n<p>These, however, are seen to be countered by the lower rate of electricity and domestic oil prices.<\/p>\n<p>\u201cGoing forward, the BSP will continue to monitor evolving price trends to ensure price stability conducive to a balanced and sustainable economic growth,\u201d Tetangco added<\/p>\n<p>Domestic inflation posted an uptick last May to 1.6 percent from month-ago\u2019s 1.1 percent but monetary officials said this is not unusual and in line with their projections.<\/p>\n<p>In the first five months this year, inflation averaged at 1.3 percent, still below the government\u2019s two to four percent target for 2016-18.<\/p>\n<p>Excluding volatile oil and food items, core inflation also rose to 1.6 percent from last April\u2019s 1.5 percent resulting to a 1.5 percent average for the five-month period.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MANILA \u2013 Hike in tuition fees for school year 2016-17 is seen as among the reasons for an uptick in &hellip;<\/p>\n","protected":false},"author":33,"featured_media":77853,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,95],"tags":[1216,1215],"class_list":["post-77852","post","type-post","status-publish","format-standard","has-post-thumbnail","category-news","category-news-ph","tag-bangko-sentral-ng-pilipinas","tag-bsp","mauthors-philippines-news-agency"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/77852","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/users\/33"}],"replies":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/comments?post=77852"}],"version-history":[{"count":0,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/77852\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/77853"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=77852"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=77852"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=77852"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}