PSEi dips on worries over US elevated inflation, peso follows - pna.gov.ph

MANILA – Positive first-quarter economic growth failed to counter investors’ worries on the elevated inflation in the United States, pulling further down the local stock barometer which the peso mirrored.The Philippine Stock Exchange index (PSEi) lost 1.56 pe…

ELEVATED US INFLATION. The Philippine Stock Exchange index (PSEi) declines anew on Thursday (May 12, 2022) despite the higher-than-expected growth of the domestic economy in the first quarter of the … [+2008 chars]

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