prices

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.

Real wages fall as inflation spikes

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.

Duterte Legacy?

June 1, 2022

The economy that the Duterte administration painted in its final report was a fantasy. It omitted important numbers that show how it wasn’t an economy that worked for ordinary Filipinos. Download the landscape version of the infographic here.

Cash subsidies for poorest households urgent as inflation reaches 21-month high

January 5, 2021

In the face of soaring prices, joblessness and meager incomes, emergency cash subsidies for the poorest Filipinos and support for small businesses need to be increased substantially. Distribute Bayanihan 2 cash assistance immediately, and a new cash subsidy program to cover several millions of vulnerable citizens should be drawn up.

Inflation slowing due to a sluggish economy — IBON

November 6, 2019

Research group IBON said that despite reported slower inflation, daily expenses are still rising and too expensive for the majority of Filipinos who suffer low and stagnant incomes. The group also said that slowing inflation mainly reflects a slackening economy. The Philippine Statistics Authority (PSA) reported lower nationwide inflation at 0.8% in October 2019 from […]

Falling real wages, more expensive food

September 8, 2019

Inflation is lower but food remains expensive amid declining real wages for many Filipinos.