Tag: inflation
Duterte Legacy?
Hunyo 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.
Purchasing power of NCR minimum wage still falls
Mayo 18, 2022
Price increases cause insufficient wages to further erode
Inflation spikes, yet cash subsidies nowhere in sight
Mayo 6, 2022
NEWS
The fastest consumer price increases in over three years makes cash aid ever more urgent. Yet the Duterte administration keeps reneging on its promised aid to families.
The scourge of price hikes
Abril 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.
10 things about the economy that the Duterte administration should admit
Abril 4, 2022
At its economic briefing, the Duterte government will likely hype growth, claim successful COVID response and play up so-called reforms. All this seeks to distract from how social and economic development has been set back by the administration even before the pandemic.
IBON Executive Director on economic managers’ proposals to alleviate Ukraine conflict impact
Marso 9, 2022
The Economic Development Cluster (EDC) proposes to cope with the Ukraine conflict by shifting to Alert Level 1, just Php6.1 billion in fuel subsidies, increasing buffer stocks of oil products, lowering tariffs on food and coal imports, promoting energy conservation, and attracting investments.
The Family Living Wage
Marso 4, 2022
Workers’ wages keep falling amid inflation and unchanging minimum wage. NCR minimum wage is now just half of the family living wage.
Philippine economy suffered under Marcos
Pebrero 26, 2022
The decade 1975-1986 was actually a time of intense social crisis and economic difficulty for most Filipinos.
Is the 3% inflation a good thing?
Pebrero 5, 2022
Inflation slowed to 3% in January 2022 and NEDA claims this is from the economy reopening and increased supply. This may not be the whole story.