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Philippines: Factory gate prices fall 5.3% in January

MANILA, Philippines — Factory gate prices contracted sharply in January as COVID-19 restrictions affected demand nearly across the board, according to the Philippine Statistics Authority (PSA). Latest data from PSA showed that the Producer Price Index (PPI) declined  by 5.3 percent, faster than the annual decline of 3.8 percent in December last year. It is […]

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Indonesia: Inflation moderates in JanuaryInflation eases in February

Consumer prices rose a seasonally-adjusted 0.10% over the previous month in February, decelerating from January’s 0.26% increase. February’s result was driven largely by higher prices for transportation, health and household equipment. Inflation moderated to 1.4% in February, from January’s 1.6%. February’s result therefore moved further below Bank Indonesia’s 2.0%–4.0% target range. Meanwhile, the trend pointed […]

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Thailand: Prayut orders study into Covid passports

The government will look into the future use of Covid-19 passports, says Prime Minister Prayut Chan-o-cha. On Tuesday, the prime minister ordered the Foreign Ministry to conduct a study into the adoption of Covid-19 vaccine passports, potentially the answer to future travel under the so-called “new normal” that is currently being discussed seriously in other […]

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