PHILIPPINE INFLATION SLOWS DOWN TO 5.1%

Good news for the economy! Inflation has slowed down to 5.1%!

December 2018 Inflation slowed to 5.1% this on the backs of lower oil prices, a stronger Peso against the US Dollar, the prices of rice and other crops dropping and transportation costs such as jeepney fares have gone down.

Lower inflation will bolster perception for people to spend more. Thus further strengthening our consumption driven economy which has a huge pull on our GDP.

This will also be good for consumption stocks as discretionary spending will increase.

A possible risk that I see is the increase in oil prices from the second tranche of the TRAIN Law.

Next big economic data to follow is the 4th Quarter GDP announcement.

Follow me in Facebook: https://www.facebook.com/marvingermo/

If you want to invest in stocks: http://www.marvingermo.com

To grab a copy of the books: http://www.marvingermo.com/books

For those who were asking about our next events, here are our Stock Smarts Schedules:

Qatar: February 5 – 10

Manila: March 9, 10, 16, 17 & 23 (http://www.bit.ly/stocksmartsmanila)

Cebu: April 6 & 7

Singapore: May 11 & 12 (http://www.bit.ly/StockSmartsSingapore)

Iloilo: July 6 & 7 (http://www.bit.ly/stocksmartsiloilo2019)

Cagayan De Oro: July 20 & 21 (http://www.bit.ly/stocksmartscdo2019)

Hong Kong: August 11 (http://www.bit.ly/stocksmartshongkong2019)

Taiwan: November 2 http://www.bit.ly/stocksmartstaiwan2019)

#StockSmarts #StockInvestingMadeEasy #Economy