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Tag: high prices

High prices, flat real wages remain despite lower inflation – IBON

February 5, 2019

Research group IBON said that the lower inflation figure for January 2019 is welcome, but stressed that prices are still higher compared to last year. Real wages have been stagnant for more than a decade and high prices remain a burden for most Filipino families, said the group. Headline inflation for January 2019 is at […]

Repeal TRAIN to moderate impact of fuel prices

December 13, 2018

Read more: Despite rollbacks, TRAIN makes fuel more expensive–IBON

Poorest 60% of households suffer income loss due to TRAIN

December 13, 2018

Read more: Despite rollbacks, TRAIN makes fuel more expensive–IBON

Next fuel excise tax tranche will sustain high prices

December 13, 2018

Read more: Despite rollbacks, TRAIN makes fuel more expensive–IBON

Fuel prices would be even lower if not for TRAIN

December 13, 2018

Read more: Despite rollbacks, TRAIN makes fuel more expensive–IBON

TRAIN still inflationary with lifting of fuel excise suspension

November 30, 2018

Research group IBON said that government’s continued implementation of the Tax Reform for Acceleration and Inclusion (TRAIN) means that TRAIN’s taxes will keep raising prices next year and make inflation higher than it should be. The group said that lifting the fuel excise tax suspension shows the Duterte administration’s insincerity and insensitivity in addressing the […]

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. […]