President Marcos' chief economic manager assured Filipinos that they can depend on the government to mobilize efforts in addressing the expected rise in consumer prices, as inflationary pressures are projected to continue until next year. Finance Secretary Benjamin E. Diokno said that their top...
Prices of goods in Metro Manila continued to grow at a slow pace in November, the Philippine Statistics Authority (PSA) reported. Based on the survey of eight commodities, the National Capital Region's (NCR) general retail price index (GRPI) declined further to 2.9 percent from 3.4 percent in...
The National Economic and Development Authority (NEDA) has estimated that over seven million Filipinos could have escaped poverty if inflation had remained within the government's target over the last two years. NEDA Secretary Arsenio M. Balisacan said that the high inflation rate, which averaged...
The Philippine Statistics Authority (PSA) reported that the upward trend in agricultural commodity prices, including crops and fish, continued to lose momentum in the third quarter. The PSA said in a report that the annual producer price index (PPI) for agriculture dropped to 7.9 percent from 12...
President Ferdinand "Bongbong" Marcos Jr. (left), House Speaker Martin Romualdez (Speaker’s office) House Speaker Martin Romualdez has reiterated the Marcos administration’s true target for poverty alleviation in the country--that is, a...
Over 25 million Filipinos were struggling to meet their basic needs, including food, due to insufficient income, the Philippine Statistics Authority (PSA) reported on Friday, Dec. 22. The PSA's preliminary 2023 First Semester Official Poverty Statistics showed that about 22.4 percent of the...
You think crime volume is going up during "ber" months? Well, not anymore according to the Philippine National Police (PNP). Citing its data, the PNP has recorded an 18.2 percent decrease in focus crimes across the country from Sept. 1 to Dec. 19 this year, a reverse of the usual perception...
Metro Manila’s seven-day Covid-19 positivity rate (OCTA Fellow Guido David / X) The seven-day positivity rate of Covid-19 in Metro Manila further increased to 22 percent on Dec. 19, from 16 percent on Dec. 12, the OCTA Research said on Thursday, Dec. 21. OCTA Research Fellow Dr. Guido David said...
Education policymakers should ensure that educational programs align with the demands of the job market to achieve the United Nations’s sustainable development growth number four or quality education, researchers said. In a study by the Philippine Institute and Development Studies (PIDS),...
The rate of prices of goods sold to wholesalers remained the same in October, the Philippine Statistics Authority reported Thursday, Dec. 14. According to the PSA data, the general wholesale price index (GWPI) during the month remained at 4.4 percent. This was lower than the 7.6 percent recorded in...
ILOILO CITY – The inflation rate in Western Visayas dropped to four percent in November. A MAN purchases tomatoes in a stall at the Iloilo Terminal Market in Iloilo City. The Philippine Statistics Authority said the inflation rate in Western Visayas went down to four percent in November. (Tara...
President Ferdinand "Bongbong" Marcos Jr. (Noel Pabalate) Lawmakers from both legislative chambers agree: the Marcos administration has successfully waded through the challenges of elevated global inflation and brought the Philippines on to much better...
