oil price hikes
PH inflation highest in Southeast Asia
May 7, 2023
Philippine inflation is still among the worst in Southeast Asia despite easing in April. Inflation in the country will remain high unless the Marcos administration takes decisive steps to temper it.
Marcos should admit 3-year high inflation to propose real solutions — IBON
July 6, 2022
Inflation is at its highest in three years, but instead of offering a real solution to soaring prices, the newly-installed Marcos administration is downplaying the severity of this and saying it is beyond government control.
The scourge of price hikes
April 16, 2022
Prices keep rising, cash subsidies are limited, and real wages keep falling. The situation will not get better if the government does not acknowledge that the rampant jobs crisis and worsening poverty are huge problems that require big solutions.
TRAIN Still Behind High Inflation
January 14, 2019
TRAIN-driven rising cost of living makes wage hike urgent
July 9, 2018
Research group IBON said that tax-driven inflation is making the meager wages of poor Filipinos fall even further behind the rising cost of living. The group said this makes it even more urgent for the government to immediately raise wages even as it revisits the Tax Reform for Acceleration and Inclusion (TRAIN) law behind the […]
Govt’s TRAIN to blame for highest inflation in nearly 10 years — IBON
July 5, 2018
Research group IBON said that the government’s insistence on higher taxes especially on the poor is among the factors driving inflation rates to their highest in nearly a decade. The group said that runaway inflation is due to the peso depreciation and rising global oil prices combined with the Tax Reform for Acceleration and Inclusion […]