NCR family living wage as of February 2023 – IBON Foundation

The tiny decline of headline inflation to 8.6% in February 2023 is statistically insignificant and the highest inflation in 14 years is still eating away at the unchanged minimum wage. It’s even worse for the poorest 30% of the population who are battling 9.7% inflation which is the same as in January and the highest in 15 years.