Viral post sums up Filipinos’ frustration over soaring electric bills.
Food inflation slowed to 5.4% as rice, fish and meat posted softer price increases, but vegetable inflation accelerated to 9%, keeping grocery bills uneven for Filipino households.
Lower transport costs helped slow inflation from May’s 6.8%, but rising core inflation suggests many Filipinos may not feel immediate relief from higher prices.
Weak Q1 expansion of only 2.8% forces government to lower full year target, with officials banking on stronger infrastructure spending and easing inflation to lift growth in the second half.
Filipinos cite rising costs and high underemployment that contradict the “economic milestone.”
Yet 52% of Filipino families still say they are poor.
Manufacturing-led gains push PPI higher, while food manufacturing shows mixed movements across key categories.
Higher interest rates push up loans, credit cards, and business financing as inflation pressures persist.
Food, housing, and transport costs showed signs of slowing, though rising core inflation suggests many households are still struggling.
Puregold’s “Always Price Packs,” offers essential grocery items locked at fixed prices below P100.
