{
    "success": true,
    "data": {
        "id": 1229956,
        "msgid": "rp-projects-lower-inflation-1447893297",
        "date": "2002-06-12 00:00:00",
        "title": "RP projects lower inflation",
        "author": null,
        "source": "AGENCIES",
        "tags": null,
        "topic": null,
        "summary": "RP projects lower inflation MANILA: The Philippine government expects consumer prices to rise at a slower pace than projected this year, while upgrading the export target, Finance Secretary Jose Camacho said Tuesday. Manila now expects inflation to average 4.5-5.5 percent, compared to the previous target of 5.0-6.0 percent, he told reporters. Export revenues should rise by four percent, instead of being flat, he added.",
        "content": "<p>RP projects lower inflation<\/p>\n<p>MANILA: The Philippine government expects consumer prices to<br>\nrise at a slower pace than projected this year, while upgrading<br>\nthe export target, Finance Secretary Jose Camacho said Tuesday.<\/p>\n<p>Manila now expects inflation to average 4.5-5.5 percent,<br>\ncompared to the previous target of 5.0-6.0 percent, he told<br>\nreporters.<\/p>\n<p>Export revenues should rise by four percent, instead of being<br>\nflat, he added.<\/p>\n<p>The government maintained its gross domestic product (GDP)<br>\ngrowth target of 4.0-4.5 percent and the national budget deficit<br>\ntarget of 130 billion pesos (US$2.57 billion).<\/p>\n<p>\"There is no change in the GDP (because) we want to be<br>\nconservative, (though) we are more confident now because of the<br>\nfirst quarter (GDP) results,\" Camacho said.<\/p>\n<p>GDP grew 3.8 percent in the three months to March, but the<br>\nbudget deficit in the four months to April soared to 82.96<br>\nbillion pesos, more than the first half target of 78.26 billion<br>\npesos. -- AFP<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/rp-projects-lower-inflation-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}