inflation Archives

VERA FILES FACT CHECK: Marcos’ report on decreasing food prices in SONA is misleading

By VERA Files | Jul 28, 2023 7:14 PM

During his second State of the Nation Address on Monday, July 24, President Ferdinand Marcos Jr. said his administration was able to prove that it can bring down food prices. This is misleading. STATEMENT Flaunting the achievements of the Department of Agriculture’s (DA) Kadiwa program, Marcos said: “Napatunayan natin na kayang maipababa ang presyo ng […]

Ferdinand "Bongbong" Marcos, fish, Food, inflation, Kadiwa, meat, Rice, SONA, sugar, vegetables

SONA 2022 Promise Tracker

SONA 2022 PROMISE TRACKER: ECONOMY

By Nica Rhiana Hanopol and Valerie Nuval | Jul 17, 2023 8:00 AM

One year into office, President Ferdinand Marcos Jr. is yet to deliver “substantial” progress on his promises to improve the Philippine economic situation. But the administration’s economic managers stay optimistic that the country “remains firmly on track” toward post-pandemic recovery.

debt, economy, Ferdinand "Bongbong" Marcos, GDP, inflation, Maharlika Investment Fund, poverty, SONA 2022, SONA promise tracker

#VERAFied: Salceda’s remark that Philippines has ‘one of the lowest’ inflation rates in the world lacks context

FACT CHECK NED FC

VERA FILES FACT CHECK: Salceda’s remark that Philippines has ‘one of the lowest’ inflation rates in the world lacks context

By VERA Files | Mar 13, 2023 2:28 PM

Compared to other Southeast Asian countries, the Philippines’ inflation is the sixth highest recorded in 2022. Economic experts say that even if the Philippine economy posted growth, inflation grew faster since December.

economy, inflation, Joey Salceda, Philippines

Fact Check Filipino

VERA FILES FACT CHECK: Pahayag ni Salceda na ang Pilipinas ay may ‘isa sa pinakamababang’ inflation rate sa mundo kulang nang konteksto

By VERA Files | Mar 13, 2023 2:28 PM

Ipinahayag kamakailan ni Albay Rep. Joey Salceda na ang inflation rate ng Pilipinas ay “isa sa pinakamababa pa rin sa mundo,” at sinabing ito ay malamang na “bunga ng diskarte” ng economic managers ng bansa. Ito ay nangangailangan ng konteksto.

ekonomiya ng Pilipinas, inflation, Joey Salceda

#VERAFIED: Pahayag ni Marcos na ‘nangunguna’ ang PH sa pagbangon ng ekonomiya sa Asia-Pacific, mundo HINDI TOTOO

Fact Check Filipino

VERA FILES FACT CHECK: Pahayag ni Marcos na ‘nangunguna’ ang PH sa pagbangon ng ekonomiya sa Asia-Pacific, mundo HINDI TOTOO

By VERA Files | Jan 30, 2023 7:35 PM

Sa kanyang arrival statement sa Maynila mula sa Davos, Switzerland noong Enero 21, sinabi ni Pangulong Ferdinand Marcos Jr. na ang Pilipinas ay “nangunguna [sa] economic recovery” hindi lamang sa rehiyon ng Asia-Pacific kundi maging sa mundo. Ito ay hindi totoo.

COVID-19, Davos, economic recovery, Ferdinand Marcos Jr., Gross Domestic Product, inflation, Pandemic, southeast asia, Switzerland, unemployment, World Economic Forum

FACT CHECK NED FC

VERA FILES FACT CHECK: Marcos wrongly states that PH is ‘leading’ in economic recovery in Asia-Pacific, world

By VERA Files | Jan 30, 2023 7:35 PM

Delivering his arrival statement in Manila from Davos, Switzerland on Jan. 21, President Ferdinand Marcos Jr. claimed that the Philippines is “leading [in] economic recovery” not only in the Asia-Pacific region but also in the world. This is false. STATEMENT After participating in the World Economic Forum (WEF) held from Jan. 16 to 20, Marcos […]

COVID-19, Davos, economic recovery, Ferdinand Marcos Jr., Gross Domestic Product, inflation, Pandemic, southeast asia, Switzerland, unemployment, World Economic Forum

Commentary

Tougher times ahead

By Tita c. Valderama | Jan 02, 2023 11:30 AM

What can ordinary Filipinos do to manage the effects of inflation? We have to further tighten our belts and avoid overspending.

2023, department of agriculture, inflation

FACT CHECK FB FC

VERA FILES FACT CHECK: FAKE Sandro Marcos quote on use of onions still circulating online

By VERA Files | Nov 29, 2022 3:56 PM

Multiple Facebook (FB) pages continue to share a quote card already denounced as fake, where Ilocos Norte 1st District Rep. Ferdinand Alexander “Sandro” Marcos asked people to use a more inexpensive type of onion. Posted from Nov. 25 to 26, the fake quote cards appeared three days after prices of red onions reached P300 in […]

inflation, onion, Sandro Marcos

Luho?! Savings?! In this economy?!: Usapang inflation ng mga bagets

By VERA Files | Nov 25, 2022 6:45 AM

Dahil sa nakagugulantang na presyo ng mga bilihin dala ng pag-arangkada ng inflation sa bansa, pa’no nga ba nag-a-adjust ang millennials at Gen Zs? Pakinggan ang kwentuhan ng VERA Files reporters sa Episode 16 ng What The F?! Podcast.

#WhatTheF?! podcast, inflation, Philippines

Fact Check Filipino

VERA FILES FACT CHECK: Pahayag ng Press Secretary na ang inflation ay ‘hindi dahil sa anumang mga lokal na kadahilanan’ NAKALILIGAW

By VERA Files | Oct 04, 2022 11:49 AM

Sinabi ni Press Secretary Trixie Cruz-Angeles na ang dahilan ng pagtaas ng inflation sa bansa ay ang peso-dollar exchange rate na bumagsak sa pinakamababang halaga, at “hindi dahil sa anumang lokal kadahilanan.” Ito ay nakaliligaw.

dollar, economy, exchange rate, Ferdinand Marcos Jr., inflation, inflation rate, Pandemic, peso, price, trixie cruz angeles