low incomes

Drop in wholesale retail trade work in Dec shows Filipinos can’t afford to spend – IBON

February 7, 2024

Job losses in the wholesale and retail trade sector may be a result of weaker demand which is concerning since the month of December is usually marked by more spending due to the holidays.

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.

Gov’t growth hype hides worsening situation of ordinary Filipinos — IBON

November 23, 2022

The finance secretary’s recent trumpeting of rapid growth is hype, and in reality the economy and the conditions of ordinary Filipinos have barely even returned to pre-pandemic levels.