Falling wages, more expensive food (August 2023)

September 5, 2023

Prices have increased in August and are still going up. With no proper regulation, insufficient or no direct support for small producers and no corresponding improvement in consumers’ purchasing power, things may be worse in September.

IBON Executive Director on increasing food inflation

September 5, 2023

A competent agriculture secretary is needed to stop food inflation from worsening

Three straight quarters slowdown confirms economic decline

August 11, 2023

Growth slowing for three straight quarters confirms economic decline under the Marcos Jr administration. The economic rebound and momentarily fast growth from reopening, which was measured from the worst economic contraction in the country’s history, is over. The economy has returned to its trajectory of slowing growth that started even before the excessive pandemic lock […]

Latest growth figures confirm economy in decline under Marcos Jr

August 10, 2023

The economic managers have lost their last indicator for claiming good economic performance and the economy is clearly losing momentum.

NCR family living wage as of July 2023

August 8, 2023

The National Capital Region family living wage (FLW) as of July 2023 is Php1,164 per day or Php25,327 per month. Despite the recent wage hike effective mid-July, the NCR nominal wage of Php610 is 47.7% short of the regional FLW.

Inflation slowed but higher prices burden consumers further

August 7, 2023

The cost of basic goods such as rice, vegetables, fish and oil continues to rise and burden millions of poor consumers

PH inflation highest in region; purchasing power not keeping up—IBON

July 6, 2023

NEWS

The Philippines has the highest inflation in Southeast Asia and Filipinos’ purchasing power is not keeping up.

Marcos Jr Administration Year One

July 4, 2023

The Marcos Jr government projected its first year as being full of sunshine. But this has failed to conceal the administration’s inaction and incapability to genuinely serve and keep its promises to the Filipino people.

NCR family living wage as of May 2023

June 21, 2023

A minimum wage hike is just, urgent and doable as the current mandated minimum wage is not enough for Filipino workers and their families to meet their basic needs. In the NCR, the Php570 daily minimum wage is less than half or 49.1% of the Php1,160 family living wage for a family of five, as […]