Inflation and Rising Costs in the Philippines
Join us LIVE on Beyond the Headlines as we discuss inflation, economic slowdown, and global conflicts' impact on Filipinos with expert Philip Tan.
Join us LIVE on Beyond the Headlines as we discuss inflation, economic slowdown, and global conflicts' impact on Filipinos with expert Philip Tan.
Foreign investment approvals in Central Visayas rose 35.3% to P455.27 million in Q1 2026, but total investments dipped 1.3% amid weaker national commitments.
Cebu faces a critical challenge: moving beyond rapid but uneven growth toward genuine economic transformation through deeper capabilities and balanced regional development.
The Asian Development Bank pledges $1.75 billion in additional financing to support the Philippines amid economic shocks from the Middle East conflict.
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RecommendedThe Maharlika Investment Corp. signed a P15-billion credit facility with Petron Corp. to boost fuel security, enabling Petron to increase crude oil inventory and manage fuel procurement.
Inflation in Davao Region accelerated to 8.9% in April 2026, driven by soaring transport fares and rising food prices, exceeding the national rate of 7.2%.
Cebu province inflation rose to 12.9% in April 2026, driven by food, transport, and utilities. Food inflation hit 17.5%, with fish and vegetables surging. Lapu-Lapu City had the highest city rate at 11.4%.
SWS survey shows net personal optimism fell to +23 in March 2026, the lowest since September 2020, as high inflation and low incomes strain Filipino households.
Philippine FDI net inflows reached $590 million in February 2026, up from January but down year-on-year. US remained top source. BSP projects $7.5B for 2026.
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RecommendedInflation in the Philippines continues to burden Filipinos as prices of basic goods, fuel, and transport rise. A call for sustainable government action.
The Philippine financial system showed resilience in H2 2025, with banks' assets up 8.9% to P29.9T. Deposits and lending grew, while NPL ratio stayed manageable at 3.1%.
Mawab municipal government launches free laboratory and diagnostic services at the Super Health Center to improve healthcare access for residents.
The Philippine economy grew 2.8% in Q1 2026, the slowest since 2021, due to weak investment and contractions in agriculture and industry.
The Philippine economy expanded 2.8% in Q1 2026, slowing from 5.4% last year and missing the 5-6% target, as weak industry and investments weighed on growth.
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RecommendedWorkers in Central Visayas struggle as rent and food consume most of their income, leaving little for savings or emergencies despite minimum wage adjustments.
The Philippine Statistics Authority reported a 7.2% inflation rate in April 2026, the highest in three years, driven by rising food and oil prices.
Philippine headline inflation surged to 7.2% in April from 4.1% in March, driven by higher fuel, food, and energy costs, exceeding the BSP's forecast range.
Philippine labor force participation rate increased to 63.3% in March 2026, with 51.65 million workers. Unemployment eased to 5.0%, but underemployment rose to 12.3%.
The Philippine peso's purchasing power dropped to P0.073, its lowest in eight years, as inflation surged to 7.2% in April 2026, impacting household spending.
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RecommendedCentral Visayas recorded 10.8% inflation in April 2026, the highest in the Philippines for nine straight months, driven by soaring food and transport costs.
The Philippine peso's purchasing power dropped to P0.073 in April 2026, the lowest in eight years, as inflation surged to 7.2%.
Philippine inflation surged to 7.2% in April 2026, the highest since March 2023, driven by food and transport costs. Government cites Middle East conflict impact.
Philippine economic managers will meet next month to review growth and fiscal targets, citing the impact of global oil price shocks from Middle East conflict.
A March 2026 survey by WR Numero shows that 63% of Filipinos prioritize job creation and 49% want higher wages, with other key issues including anti-drug campaigns and corruption.
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RecommendedDirect fuel subsidies to public transport drivers help curb inflation by preventing fare hikes. The government allocates P238 billion, with local aid in Cebu.
BSP survey shows Filipino consumer sentiment improved in Q1 2026 but near-term and 12-month outlooks declined due to inflation and governance concerns.
The Philippines faces repeated economic shocks from global oil price spikes due to import dependence, with the burden falling hardest on the poor. Structural reform and renewable energy investment are urgently needed.
A March 2026 SWS survey reveals 50% of adult Filipinos believe their quality of life deteriorated, with a net gainer score of -26, the lowest since September 2021.
Davao Region's economy reached ₱1.14 trillion in 2025, growing 5.1% despite earthquakes and governance issues, PSA data shows.
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RecommendedA March 2026 SWS survey shows 50% of adult Filipinos believe their quality of life worsened, with a net gainer score of -26, the lowest since September 2021.