inflation rate Philippines news and updates

Rappler's latest stories on inflation rate Philippines

ARTICLE FINDER

Defenseless vs inflation? 'Gov't should listen to people,' says Tañada

Nov 10, 2018 - 7:35 AM

Senatorial aspirant Erin Tañada suggests measures 'that can be easily implemented by this administration if it has the political will to listen to the people'

HIGH PRICES. Filipino shoppers carry the goods they bought at the Commonwealth Public Market on October 08, 2018. File photo by Darren Langit/Rappler

Mindanao inflation rate remains higher than national average

Nov 07, 2018 - 2:36 PM

The Philippine Statistics Authority says the October inflation rate for all items increased to 7.6% in Northern Mindanao from September's 6.9%, while Caraga had 6.9% in October, up from from September's 6.1%

Inflation steady at 6.7% in October 2018

Nov 06, 2018 - 9:05 AM

(3rd UPDATE) The latest figure reinforces the projections of the Bangko Sentral ng Pilipinas and the Department of Finance that inflation is beginning to taper off

Inflation likely peaked in Q3 2018 – Bangko Sentral

Oct 31, 2018 - 5:55 PM

The Bangko Sentral ng Pilipinas projects inflation in October to settle within 6.2% to 7%

[EDITORIAL] #AnimatED: Zombie politics ng 2018

Oct 29, 2018 - 9:17 AM

9 na zombie na naglipana sa ating lipunan

Poorest Filipinos feel inflation at 8% in August 2018

Oct 22, 2018 - 6:20 PM

The Philippine Statistics Authority says inflation for the bottom 30% income households went up by 5 percentage points in August 2018 compared to the same month last year

LTFRB exec warns of inflationary effects of P10 jeepney minimum fare

Oct 19, 2018 - 2:29 PM

LTFRB Board Member Aileen Lizada says the higher-than-expected fare hike will erode the workers' purchasing power, and will eventually trigger stronger calls for a wage increase

HIKE. Group Laban Konsyumer Inc says that consumers carry the burden of higher jeepney fares. File photo by Angie de Silva/Rappler

Inflation rises to 6.2% in Q3 2018

Oct 19, 2018 - 10:35 AM

(UPDATED) This is beyond the 4.8% to 5.2% range estimated by the government for the entire year

Commonwealth Public Market on Monday, October 08, 2018. Photo by Darren Langit/Rappler

Philippines' high inflation also good, says Bangko Sentral official

Oct 16, 2018 - 7:50 PM

Felipe Medalla says the high inflation figure reflects the elevated prices of cigarettes and sugary drinks, which were planned by the government under the TRAIN law

Inflation up, GDP down: Economic managers revise PH outlook

Oct 16, 2018 - 3:30 PM

Finance Secretary Carlos Dominguez III says they revised the economic outlook to reflect the 'very different world' we are living in now

FAST FACTS: Philippine inflation rate over the years

Oct 10, 2018 - 5:00 PM

In using historical inflation data, the base year of the data should be taken into account

IN CHARTS: Carinderia, sari-sari store owners feel pinch of inflation

Oct 05, 2018 - 5:18 PM

'This continuing inflation rate hike is racking up the prices of goods even higher, this might cause our micro-retail businesses to shut down', says Vicky Aguinaldo, President of the Philippine Association of Stores and Carinderia Owners

Inflation in September 2018 strains Filipinos' budget at 6.7%

Oct 05, 2018 - 8:59 AM

(UPDATED) Inflation spoils the country's growth outlook, poverty alleviation efforts, and people's perception on the government

Persistent high inflation may slow down poverty reduction – World Bank

Oct 04, 2018 - 6:01 PM

World Bank Senior Economist Rong Quan says high inflation is hitting the poor harder as food and transport account for two-thirds of their expenses

Diokno: 'Let's not push for higher wages' amid high inflation

Oct 03, 2018 - 1:12 PM

Budget Secretary Benjamin Diokno sees inflation as a 'transitory' event, and not necessarily a good basis to adjust wages

INCREASE WAGES. A protester holds a placard calling for a national minimum wage. Photo by Eloisa Lopez/Rappler

[ANALYSIS] Why are petroleum products so expensive again?

Oct 03, 2018 - 12:48 PM

Maybe this is as good a time as any to rethink our country’s long-term relationship with oil

Typhoon Ompong may have pushed September 2018 inflation to over 7%

Sep 28, 2018 - 6:15 PM

The Bangko Sentral ng Pilipinas cites higher prices of agricultural goods due to Typhoon Ompong, rising fuel prices, and the weakening peso

Bangko Sentral hikes interest rates for 4th time, raises inflation forecasts

Sep 27, 2018 - 5:00 PM

The Bangko Sentral ng Pilipinas hikes interest rates by 50 basis points. It also raises its inflation forecasts for 2018 and 2019.

More Filipinos unhappy with Duterte gov't handling of inflation – poll

Sep 27, 2018 - 1:45 PM

The September Pulse Asia survey shows 51% of Filipinos disapprove of how the Duterte administration is handling the issue of high inflation, compared to 29% in June

 RICE PRICES. Prices of basic commodities hasvebeen on the rise, driving inflation to a 9-year high in August 2018. Photo by Angie de Silva/Rappler

[ANALYSIS] Golden age? Inflation reached 50% during the Marcos regime

Sep 21, 2018 - 12:10 PM

The last thing the country needs right now is a return of the Marcoses to Malacañang. One way we can prevent that is by tirelessly debunking the Marcosian economic myths.

Trillanes: Inflation, amnesty issues to 'haunt' Duterte's Senate bets in 2019

Sep 18, 2018 - 12:35 PM

'The voting public gave Mr Duterte the chance to prove that he could match the myth they propagated during the elections but 2.5 years had passed and he basically destroyed the country that we used to be proud of,' says Senator Antonio Trillanes IV

Screenshot by Rappler

Philippine peso to hit P58 vs $1, inflation to jump – Capital Economics

Sep 17, 2018 - 12:22 PM

The London-based research firm sees the Philippine peso sliding to P58 in 2019 and inflation soaring due to Typhoon Ompong

[EDITORIAL] #AnimatED: Paghuhubad sa pasista

Sep 17, 2018 - 9:05 AM

Nalusaw sa lakas ng ulang pulitikal ang koloreteng nag-anyong maka-masa at maka-batas

Food crisis, inflation due to lack of gov't direction – groups

Sep 14, 2018 - 2:55 PM

'This government must recognize that there is a food crisis largely because of the lack of leadership in food, agriculture, and fisheries governance,' says Hazel Tanchuling of Rice Watch and Action Network

[ANALYSIS] Viral misconceptions about inflation, how to debunk them

Sep 13, 2018 - 9:40 AM

You don’t really need to crunch the numbers to know there’s a problem with inflation. Just go to the nearest palengke or grocery to see prices have skyrocketed.

PSA contradicts Pernia, blames technical glitch for late inflation data

Sep 12, 2018 - 5:15 PM

The Philippine Statistics Authority's statement differs from that of Socioeconomic Planning Secretary Ernesto Pernia, who said a miscalculation had to be corrected

Duterte may issue EO to address inflation

Sep 12, 2018 - 10:16 AM

(UPDATED) President Rodrigo Duterte meets with his economic managers before the 29th Cabinet meeting to discuss how to contain inflation

President Rodrigo Roa Duterte presides over the 29th Cabinet Meeting at the Malacañan Palace on September 11, 2018. VALERIE ESCALERA/PRESIDENTIAL PHOTO

Duterte wants ancient barter trade to tame inflation

Sep 11, 2018 - 5:35 PM

Barter trade is one of the most ancient economic activities, where goods are exchanged without the use of cash

RICE WOES. President Rodrigo Duterte wants to revive barter trade with Sabah to bring rice prices down. Photo by Jire Carreon/Rappler


Businessmen say inflation 'manageable,' but gov't must act now

Sep 11, 2018 - 2:30 PM

Businessmen urge policy makers to revise certain policies, especially now that the causes of inflation are identified

Rappler Talk: Economist Emmanuel de Dios on soaring inflation under Duterte

Sep 11, 2018 - 1:54 PM

On Tuesday, September 11, Rappler editor-at-large Marites Vitug sits down with Emmanuel de Dios to discuss economic issues and help make sense of the situation that Filipinos now find themselves in

Pernia denies manipulating August 2018 inflation data

Sep 10, 2018 - 8:20 PM

There are rumors that the August 2018 inflation rate was at 6.6% and not 6.4%

Like Piñol, Villar urges Filipinos to plant vegetables to cope with inflation

Sep 10, 2018 - 7:20 PM

'Hindi natin ma-stop ang hoarder, hindi natin ma-stop ang cartel, hindi natin ma-stop ang smuggling, we take care of ourselves,' says Senator Cynthia Villar

House wants National Price Coordinating Council to submit report on inflation

Sep 10, 2018 - 3:35 PM

House Majority Leader Rolando Andaya says the report will aid lawmakers in crafting better laws that would punish rice hoarders and price manipulators

RICE SHORTAGE. Individuals line up to buy rice fro the National Food Authority at P27 per kilo at the commonwealth Market on September 5, 2018. Photo by Darren Langit/Rappler

[EDITORIAL] #AnimatED: Pinakbet economics at pusit tactics

Sep 10, 2018 - 9:00 AM

Sablay na nga ang Dutertenomics, sablay pa ang tangkang paglilihis ng isyu

[OPINYON] Malayo sa bituka

Sep 09, 2018 - 3:00 PM

May parang kung anong manipulasyon para makalimutan natin ang napipinto nating pagkagutom

LOOK: Cooking pinakbet under sizzling inflation

Sep 07, 2018 - 7:21 PM

Love vegetable dishes like pinakbet? Rappler breaks down how much you need to buy the ingredients amid high inflation.

Roque on 9-year high inflation: 'Nothing to worry about'

Sep 07, 2018 - 3:48 PM

Malacañang says the 6.4% August inflation rate is 'not ridiculously high' and points to other indicators that show a healthy Philippine economy

Robredo to Duterte gov't: 'Stop dismissing inflation as sign of growing economy'

Sep 06, 2018 - 11:20 AM

'Sa halip na patahimikin ang mga taong pumupuna ng mga pagkukulang nila, gamitin sana itong pagkakataon ng administrasyon na patunayang kaya nilang pababain ang presyo ng mga bilihin,' says Vice President Leni Robredo

GOVERNMENT PRIORITIES. Vice President Leni Robredo urges the Duterte administration to focus on easing high food prices rather than on matters like putting back opposition Senator Antonio Trillanes IV in jail. File photo by Jire Carreon/Rappler

[ANALYSIS] Why is Philippine inflation now the highest in ASEAN?

Sep 06, 2018 - 9:35 AM

Inflation expectations matter because they change how people behave. It’s in government’s interest to manage these expectations from time to time.

IN CHARTS: This is how bad August 2018 inflation is in regions

Sep 05, 2018 - 11:30 PM

Which region had the highest inflation? Where did vegetable prices spike the most? Here's a look.

Gov't 'did little or nothing' to stop 6.4% August inflation

Sep 05, 2018 - 9:10 PM

Albay 2nd District Representative Joey Salceda says market opportunists and rice hoarders can no longer be blamed for the rising prices of goods in the country

NOT SATISFIED. Albay 2nd District Representative Joey Salceda is dissatisfied with the way the Duterte administration is handling soaring inflation. File photo by Darren Langit/Rappler

Duterte admin ‘doing what it can’ to address inflation, says Arroyo

Sep 05, 2018 - 4:47 PM

Speaker Gloria Macapagal Arroyo says she encountered an even 'more alarming' economic situation when she was president, when inflation climbed to 6.6%. But she was able to lower this through rice importation.

TAMING INFLATION. Speaker Gloria Macapagal Arroyo is also an economist. File photo by LeAnne Jazul/Rappler

Economic managers pressure Piñol to curb soaring inflation

Sep 05, 2018 - 3:30 PM

The rising prices of agricultural goods are seen as the 'main drivers of inflation,' and the Department of Agriculture headed by Secretary Emmanuel Piñol 'must act quickly'

EXPLAINER: How inflation affects you

Sep 05, 2018 - 12:30 PM

Is inflation all bad? How does it affect savings? Rappler breaks it down for you.

Higher inflation in 2019 if rice tariffication not passed – Diokno

Sep 05, 2018 - 11:30 AM

Budget Secretary Benjamin Diokno is confident the rice tariffication bill will be approved

RICE. A rice retailer sells commercial rice at the Market in Quezon City on August 23, 2018 File photo by Darren Langit/Rappler

Inflation surges to 6.4% in August 2018, exceeds estimates

Sep 05, 2018 - 10:17 AM

(3rd UPDATE) The latest figure moves even further away from the government's inflation target range of only 2% to 4%


Inflation expected to jump even higher in August 2018

Sep 03, 2018 - 10:45 AM

The Department of Finance (DOF) expects inflation to hit another 9-year high

[ANALYSIS] Mere hiccups? Let’s be more honest about the economy

Aug 31, 2018 - 11:59 AM

The truth is, we’re living in a sad combo of slowing growth and accelerating prices. Worse, indicators point to harder times ahead.

IN CHARTS: What your P100 can buy under runaway inflation

Aug 17, 2018 - 2:59 PM

Vegetable prices are soaring and a bottle of beer costs much more. Inflation rate in the ARMM is higher than the national average.

INFLATION. Prices of basic goods continue to soar in 2018. Photo by Jire Carreon/Rappler


Imports to address inflation? Support farmers instead – Bam Aquino

Aug 16, 2018 - 10:46 PM

Senator Paolo Benigno Aquino IV warns rice tariffication might be another 'knee-jerk reaction' to bring down inflation

INFLATION. Senator Bam Aquino says the government should support local farmers and fishermen instead of relying on imports to curb inflation. Photo by Angie de Silva/Rappler