inflation
Faster inflation underscores urgency of new cash subsidies — IBON
February 5, 2021
NEWS
As prices continued to soar amid a collapsing economy as of January, there is immediate need for the Duterte administration to provide substantial aid to the poorest Filipino households.
Wage hike necessary, overdue amid pandemic and high prices
January 23, 2021
A substantial wage hike remains just and necessary even amid the pandemic economic shock. It is incumbent on the government to come up with schemes to enable a wage hike that increases incomes of low-income households and which will also stimulate aggregate demand in the economy. This can include mandating higher wages while giving wage subsidies to micro, small and medium enterprises (MSMEs)
Cash subsidies for poorest households urgent as inflation reaches 21-month high
January 5, 2021
In the face of soaring prices, joblessness and meager incomes, emergency cash subsidies for the poorest Filipinos and support for small businesses need to be increased substantially. Distribute Bayanihan 2 cash assistance immediately, and a new cash subsidy program to cover several millions of vulnerable citizens should be drawn up.
Prices rising, wages buying even less
December 5, 2020
Higher inflation for poorest Filipinos underscores urgent need for continued cash subsidies
July 8, 2020
NEWS
Higher inflation is problematic but particularly burdens the poorest Filipinos. Inflation rates for the 30% poorest households are higher than the national average. Especially amid historic joblessness, this affirms how the government should continue giving cash subsidies as income support, the group said.
Falling real wages, more expensive food
September 8, 2019
Inflation is lower but food remains expensive amid declining real wages for many Filipinos.
Low inflation unfelt, food still more expensive
July 10, 2019
#MalalangEkonomiya #MayMagagawa #PeopleEconomics #PeoplesSONA2019
Prices still higher now than since start of Duterte admin
July 6, 2019
Research group IBON said that while June inflation has slowed, the prices of basic food items are still higher, especially when compared to prices at the start of the Duterte administration. The wages and incomes of many Filipinos are unable to keep up with the high prices. The group said that food prices will continue […]
