March 6, 2017
Philippine & Global Economics Report
Our Economic Research Report this week features Inflation and Crude Oil Prices. When crude oil prices dropped from September 2014, disinflation and even deflation spread across the globe.
Now that crude oil prices are rising on OPEC’s production cut, there is accelerated inflation all around the world. Our report shows which countries’ inflation rates are highly and less-correlated with the rise in crude oil prices. How correlated is Philippine inflation rate with the rise in crude oil prices?
Philippine Manufacturing PMI is likewise discussed. It regained some lost momentum in February but expansion remains slower than the previous year.
Also included in the Report are China’s Business Activity, Japan’s Inflation and Unemployment Rates, US Consumer Sentiment and the Euro-zone’s Inflation and Unemployment Rates.