Falling wages, more expensive food (August 2023)

Prices have increased in August and are still going up. With no proper regulation, insufficient or no direct support for small producers and no corresponding improvement in consumers’ purchasing power, things may be worse in September.

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IBON Foundation

IBON Foundation is a non-stock, non-profit development organization. We have been serving the Filipino people through research and education since 1978. IBON seeks to promote an understanding of socioeconomics that serves the interests and aspirations of the Filipino people. We study the most urgent social, economic, and political issues confronting Philippine society and the world.