Browsing Tag
economy
7 posts
Most Filipinos unhappy with Marcos’ response to tame inflation: poll
Majority or 52 percent of Filipinos disapproved of the government's response in controlling inflation, based on the results of a poll conducted in March 2023.
Inflation slows down to 7.6 percent in March
The country’s inflation rate decelerated to 7.6 percent in March, offering a reprieve for poor Filipinos who have been trying to make ends meet amid high prices of basic goods and services.
PH inflation quickens to new 14-year high of 8.1% in December
Inflation surged to 8.1 percent in December, the highest in 14 years, eroding the value of Filipinos’ money during the recent holiday season.
Philippines’ unemployment rate declines in October
Around 2.24 million Filipinos were jobless in October as the unemployment rate eased to 4.5 percent from 5 percent in September, according to the Philippine Statistics Authority.
PH posts record-high 8% inflation rate in November
The annual inflation rate in the Philippines quickened to 8 percent in November, the highest in 14 years, the state statistics bureau reported.
September inflation hits four-year high of 6.9% — PSA
The Philippines’ inflation rate quickened to 6.9 percent in September from 6.3 percent in August, says the state statistics agency.
2.3 million Filipinos pushed into poverty due to COVID-19 pandemic
Government data showed more Filipinos lived below the poverty line in 2021 largely due to the economic downturn brought about by the lingering COVID-19 pandemic.