Excise Tax Hikes Could Push 2027 Inflation to 4.5%, Says Chinabank Research
An increase in excise taxes on sweetened beverages, alcohol, and tobacco in the Philippines could push inflation to as high as 4.5 percent in 2027, according to Chinabank Research. This is projected to add to price pressures amid ongoing fallout from the oil shock.
This article requires PRO
This article is outside the free access window or is a special report. PRO unlocks it and the full archive.
Related articles
- Philippines Eyes Up to $324M in Investments from Energy Exploration
The Philippines anticipates attracting up to $324 million in investments through 14 newly signed energy service contracts, a move aimed at enhancing energy independence and reducing reliance on imported petroleum products.
- DBS Bets on Strong PH Growth Rebound, Flags Energy Risk
DBS Bank forecasts the Philippines' economy to grow by an average of 5.8 percent annually from 2026 to 2035, but warns that heavy reliance on imported energy could hinder expansion. The report was co-published with Bain & Company and Vriens & Partners.
- PSEi Drops Below 6,000 Amid Economic Slowdown and Geopolitical Tensions
The Philippine Stock Exchange Index (PSEi) fell below the 6,000 level on Wednesday, driven by investor concerns over sluggish domestic economic growth and escalating geopolitical tensions, signaling a downturn in market sentiment.
- PSEi Slips Below 6,000 on Growth Worries, Investors Cowed by Inflation and Geopolitical Risks
The Philippine Stock Exchange index (PSEi) fell 90.84 points to close at 5,916.94 amid concerns over the Philippines' third-quarter economic growth. Currency risks, inflationary pressures, Middle East tensions, and the US Federal Reserve's monetary policy decisions are weighing on investor sentiment.