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We may obtain cost from third parties for publishing this content material or when you make a purchase through the hyperlinks on our websites. Bank of America Economist Micaela Fuchila reveals what’s driving higher price of living…. Defaults in banks’ agricultural lending portfolios are low but might accelerate if there’s a extended interval of excessive prices and low prices, the bank says. Third quarter labour market information is anticipated to indicate ongoing wage pressures, growing the risk of one other hike in the Reserve Bank’s official cash price. The Automobile Association has predicted a drop in gas costs for the month of November primarily based on unaudited data from the Central Energy Fund . A portal of daily newspapers covering Philippine news headlines, business, life-style, commercial, sports and leisure.

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