purchasing power
Arrest education workers’ rapidly eroding incomes, gov’t urged
November 16, 2018
The salaries of education workers are being battered by unprecedented rising prices, research group IBON said. The paltry increases, which even came in trickles under Executive Order 201, have already been eroded since they were applied in 2016, said the group. In a media forum, IBON executive editor and research head Rosario Bella Guzman said […]
Inflation worsening: Gov’t should act fast as households’ incomes hemorrhage
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. […]
Working Filipino’s real wage, purchasing power weakening under Duterte
April 25, 2018
Research group IBON said that accelerating inflation is rapidly eroding the real wage and purchasing power of minimum wage earners in the National Capital Region (NCR). Real wages show the actual value of wages after these are adjusted for inflation. After almost two years in power, the Duterte administration has only raised the minimum wage […]
