Economy regains momentum as GDP accelerates to 6.1 percent during fourth quarter 2005 from 5.3 percent in the same quarter in 2004.
The year 2006 started off with an annual headline inflation rate in the Philippines of 6.7 percent, higher than the 6.6 percent growth in December 2005. On the other hand, core inflation rate went down to 5.5 percent in January from 5.8 percent in December last year.
Composite Index closes at 2,145.39 for the month of January. This is higher compared to last December`s 2,096.04.
The year 2006 started off with an annual headline inflation rate in the Philippines of 6.7 percent, higher than the 6.6 percent growth in December 2005. On the other hand, core inflation rate went down to 5.5 percent in January from 5.8 percent in December last year.
Composite Index closes at 2,145.39 for the month of January. This is higher compared to last December`s 2,096.04.
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