inflation
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.
Faster September inflation sign that gov’t is failing in arresting high prices — IBON
October 5, 2023
NEWS
The 6.1% inflation shows the Marcos Jr administration’s failure to effectively address soaring prices and help poor and vulnerable Filipinos cope.
Govt’s fuel subsidies just bare minimum — IBON
September 13, 2023
The Php4 billion in fuel subsidies that the Marcos Jr administration is set to disburse is not enough relief for Filipinos, especially the poor, who have been burdened by rising oil prices for the past 10 weeks.
NCR family living wage as of August 2023
September 5, 2023
The pockets of workers, producers, and ordinary households will keep hurting as long as only token wage hikes and token price controls are implemented.