November 9, 2022
The National Capital Region’s nominal wage is now worth much less and unable to buy the same amount of basic needs such as food as before. Calls for wage increase and cash aid are more than ever justified.
November 9, 2022
The urgency for a substantial wage increase, ample cash assistance for the poor and subsidies for vulnerable sectors become all the more glaring as the cost of living rises with soaring inflation.
October 14, 2022
Despite a recent wage hike, real wages for many Filipinos are declining amid high food prices.
June 9, 2022
Higher May inflation pushed the real value of wages to even lower levels and is making basic food and transport services even more unaffordable. Inflation far outpaces the outgoing Duterte administration’s wage hikes and wage earners are worse off now than six years ago.
June 5, 2019
November 6, 2018
Research group IBON said that the apparently uncontrollable inflation is fast becoming a flashpoint of the administration’s economic mismanagement. High inflation is combining with rising interest rates, slowing remittances and failing exports to dampen economic growth. The administration is desperate for a short-term infrastructure stimulus to compensate for these, said the group, but a major growth slowdown […]
October 5, 2018
Research group IBON said that inflation has not tapered off as government projected but has accelerated in September, highlighting government’s continued neglect in addressing rapidly rising prices of goods and services. The group said that government continues to push failed neoliberal measures, while feigning concern for Filipino families struggling with a quickly falling purchasing power. […]