Albay 2nd district Rep. Joey Salceda (Rep. Salceda's office) High inflation is more likely making it difficult for Filipinos to land jobs, and not so much as the reported lack of "soft skills" among graduates in the ongoing Covid-19 pandemic. This can be gleaned from Albay 2nd district Rep. Joey...
WASHINGTON, United States (AFP) – The underlying drivers of historically-high global inflation could persist until 2025, the International Monetary Fund's chief economist told AFP on Tuesday. Prices around the world have surged since the rapid reopening of the global economy after the...
President Ferdinand “Bongbong” Marcos Jr. vowed to continue his administration’s drive to sustain the improvements reflected in the recent inflation rate data. President Ferdinand Marcos Jr. presides over a Cabinet meeting in Malacañang. (Photo from Presidential Communications Office) In a...
The government should now focus on addressing supply constraints that caused high inflation, as President Marcos’ chief economic manager pointed out that monetary policy has already done enough to reign in demand. Finance Secretary Benjamin E. Diokno said that slower inflation recorded in March...
The pace of consumer price increases slowed for the second consecutive month in March, an encouraging sign in the government’s effort to tame the most pressing issue hounding the Marcos administration. Data from the Philippine Statistics Authority (PSA) released Wednesday, April 5, showed that the...
Prices of corn, flour, and seafood prices remain expensive despite the easing of inflation from 8.6 percent in February to 7.6 percent in March. Albay 2nd district Rep. Joey Salceda (Facebook) Economist-solon Albay 2nd district Rep. Joey Salceda mentioned these specific goods in his inflation rate...
ISLAMABAD, Pakistan- Pakistan's year-on-year inflation hit 35.37 percent in March -- the highest in nearly five decades -- as the government scrambled to meet International Monetary Fund (IMF) conditions to unlock a desperately needed bailout. Month-on-month inflation was 3.72 percent, according to...
CAGAYAN DE ORO CITY – In order to survive amid prohibitive prices of goods and services in the country, changing the budgeting style is a must nowadays for consumers. Mae Shanne Angelic Siglos, a call center agent and a mother of three from Barangay Lapasan here, said because of the inflation, she...
ILOILO CITY – Western Visayas registered an inflation rate of 10.8 percent in February, the highest in more than 14 years, the Philippine Statistics Authority said. A FRUIT and vegetable stall in an outdoor market in Iloilo City. The inflation rate in Western Visayas climbed to 10.8 percent in...
Senate President Juan Miguel “Migz” Zubiri on Monday, February 20, announced that the Senate is increasing this year’s inflationary adjustment aid to its employees. From P12,000, the Senate increased the amount to P50,000, which the employees will receive in August 2023. “(This is) to help...
Marikina City 2nd district Rep. Stella Quimbo has urged the country’s top economic managers to immediately facilitate the distribution of a P1,000 per family "ayuda" or government subsidy amid the high inflation rate. (MANILA BULLETIN) Quimbo made this appeal to Development Budget Coordination...
There is, so far, no discussion on whether or not the government would duplicate the Senate's inflation relief aid to its employees in the executive department and to the public. Citizens gather in front of the Department of Social Welfare and Development (DSWD) along Legarda Street, Manila, after...
