Tag: food prices

Falling real wages, more expensive food

September 8, 2019

Inflation is lower but food remains expensive amid declining real wages for many Filipinos.

Stubbornly high inflation increases risk of econ slowdown, unmanageable debt–IBON

November 6, 2018

Research group IBON said that the apparently uncontrollable inflation is fast becoming a flashpoint of the administration’s economic mismanagement. High inflation is combining with rising interest rates, slowing remittances and failing exports to dampen economic growth. The administration is desperate for a short-term infrastructure stimulus to compensate for these, said the group, but a major growth slowdown […]

Inflation worsening: Gov’t should act fast as households’ incomes hemorrhage

October 5, 2018

Research group IBON said that inflation has not tapered off as government projected but has accelerated in September, highlighting government’s continued neglect in addressing rapidly rising prices of goods and services. The group said that government continues to push failed neoliberal measures, while feigning concern for Filipino families struggling with a quickly falling purchasing power. […]