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.

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.