Falling real wages, more expensive food (as of July 2023)

August 8, 2023

The inflation rate being lower in July 2023 means prices went up slower for some commodities. From July 2022-2023 the price of rice, several vegetables and fishes became costlier, still hurting the pockets of poor, lower-income and middle class families.

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.

NCR and regional nominal wages vs family living wage, as of June 2023

July 7, 2023

The NCR and regional nominal wages fall short of the regional family living wage estimates. The BARMM still has the widest gap between the regional minimum wage (Php341) and the regional family living wage (Php1949).

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.

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 […]

NCR family living wage as of April 2023

May 9, 2023

Despite declining in April, the 6.6% headline inflation continues to eat away the unchanged minimum wage. Short-term solutions like removing consumption taxes and mandating wage hikes are urgently needed.

Growing clamor for wage hike echoes urgency, justness and doability — IBON

March 31, 2023

Recently proposed legislation and petitions for a wage hike affirm that this is urgent, just and doable. Amid the poor jobs situation, low incomes and high prices, the minimum wage has not been enough for many Filipino families to live decently.

Falling wages, more expensive food (February 2023)

March 10, 2023

A decrease in inflation doesn’t mean that prices are going down — only that prices aren’t going up as fast as before. Even if inflation declined slightly in February to 8.6%, the real value of the NCR minimum wage keeps falling as the price of food and other basic goods and services keeps going up.

NCR family living wage as of February 2023

March 10, 2023

The tiny decline of headline inflation to 8.6% in February 2023 is statistically insignificant and the highest inflation in 14 years is still eating away at the unchanged minimum wage. It’s even worse for the poorest 30% of the population who are battling 9.7% inflation which is the same as in January and the highest […]