British Chamber reiterates support on managing Philippine inflationary pressures

British Chamber Of Commerce Philippines News

British Chamber reiterates support on managing Philippine inflationary pressures
InflationNational Economic And Development Authority
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The British Chamber of Commerce Philippines supported the recent developments on the modification of nomenclature and tariff rates as mandated under the Executive Order No. 62, and welcomed the easing of inflation at 3.7% in June 2024. 

The British Chamber of Commerce Philippines supported the recent developments on the modification of nomenclature and tariff rates as mandated under the Executive Order No. 62, and welcomed the easing of inflation at 3.7% in June 2024.

Meanwhile, National Economic and Development Authority Secretary Arsenio Balisacan said that, “We are committed to maintaining the country’s inflation rate within our target range of 2 to 4 percent. The easing in our inflation rate in June, mainly due to lower electricity rates, highlights the importance of strengthening our energy sector to sustain our gains.”

Furthermore, the British Chamber will also launch its event in partnership with the Agriculture and Horticulture Development Board titled "Philippine-British Meat Trade Briefing & Reception" on July 30, 2024. On its milestone 25th year, Stratworks launches a new philosophy for bold storytelling in the new era dubbed as"Bravethrough,"...

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