Government is comfortable with the inflation rate being well within their target, but families are struggling amid high prices. The Php645 NCR minimum wage falls short of the Php1,205 living wage for a family of five.
Employment
NCR Family Living Wage, as of October 2024
IBON Foundation
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1 min read
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.
