Philippine Accelerating Inflation Signals More Rate Hikes Ahead

The video discusses the high inflation rate in the Philippines, which is the fastest in Asia, and the challenges faced by the central bank (BSP) in managing it. The BSP has been aggressive with rate hikes to tackle inflation, but further actions may be needed. Key factors affecting inflation include oil prices, new taxes, and natural disasters. The economic outlook remains uncertain, with potential relief expected in early 2019 as tax effects diminish.

What is the current real interest rate in the Philippines as mentioned in the video?

• Positive 1.5%

• Zero

• Negative 2.2%

• Positive 2.2%

How many basis points have been increased by the BSP since May?

• 200 basis points

• 150 basis points

• 100 basis points

• 50 basis points

What is one of the main factors contributing to inflation in the Philippines?

• Reduction in import tariffs

• Decrease in oil prices

• Increase in rice production

• New taxes

What natural event is mentioned as affecting crop prices in the Philippines?

• Earthquake

• Drought

• Flood

• Typhoon

What potential relief is expected in early 2019 for the Philippines' inflation?

• Decrease in oil prices

• New tax legislation

• Reduction in interest rates

• Increase in exports