inflation

Despite lower inflation, expensive food hurting poor families—IBON

December 5, 2023

Inflation may have been lower in November, but poor and low-income families still contended with high prices of common food items, especially rice.

Falling real wages, more expensive food (as of October 2023)

November 7, 2023

Inflation reportedly eased in October 2023, but Filipinos’ wages and incomes still have not been keeping up with the price increases.

Minimum wage vs family living wage per region as of October 2023

November 7, 2023

Inflation reportedly eased in October 2023, but Filipinos’ wages and incomes still have not been keeping up with the price increases.

NCR Family Living Wage as of October 2023

November 7, 2023

Inflation reportedly eased in October 2023, but Filipinos’ wages and incomes still have not been keeping up with the price increases.

Falling real wages, more expensive food (as of September 2023)

October 10, 2023

Recent oil price rollbacks barely offset the several weeks of hikes. Should government be proactive and carry out the removal of fuel excise taxes, Filipino families will have money to curb the domino effect on increasing costs of living expenses.

Minimum wage vs family living wage per region as of September 2023

October 5, 2023

Even with the recent wage hike approvals in some regions, the nominal minimum wage falls below the living wage for a family of five to meet their basic needs.

NCR Family Living Wage as of September 2023

October 5, 2023

Amid faster September 2023 inflation, the NCR Php610 nominal minimum wage falls is not enough to keep up with the Php1,186 FLW for a family of five with a wage gap of 49% or Php576.