Tag: high prices

Drop in wholesale retail trade work in Dec shows Filipinos can’t afford to spend – IBON

Pebrero 7, 2024

Job losses in the wholesale and retail trade sector may be a result of weaker demand which is concerning since the month of December is usually marked by more spending due to the holidays.

Inflation slower but not for the poor – IBON

Enero 5, 2024

Though overall December 2023 inflation slowed, this was not the case for the bottom 30% income households. This shows the current administration’s anti-inflation measures focused on import liberalization did little to protect poor Filipinos burdened more with high prices.

Despite lower inflation, expensive food hurting poor families—IBON

Disyembre 5, 2023

Inflation may have been lower in November, but poor and low-income families still contended with high prices of common food items, especially rice.

Falling real wages, more expensive food, as of June 2023

Hulyo 7, 2023

Prices keep rising in general but Filipinos’ purchasing power has net kept up. Raising wages and providing subsidies are doable – why have these not been ensured?

One year of BBM: More hype, less help

Hunyo 30, 2023

The Marcos Jr administration has profusely hyped its one year of achievements that have supposedly helped the Filipino people amid the economic crisis. But looking back, did the President really achieve that much and help the Filipino people as much as he claims?

“Wage hikes are harmful”: Kung ayaw maraming dahilan

Marso 6, 2023

It’s perplexing for the economic team to speak about workers and their wages as if they are a burden to the economy. It’s people who most of all create value in the economy and for whom the economy is for.

One Philippines, two worlds

Marso 1, 2023

The Marcos Jr administration is spinning a dark lie to give the impression that the situation of ordinary Filipinos is improving. The real and whole truth is that it isn’t and, if anything, has even gotten worse in the first few months of the new government.