Tag Archives: inflation

Hyperinflation anyone?

The rising cost of goods and services have been a big concern to us Filipinos for many months now. Official numbers puts inflation at around 4% but it seems that the rising prices goes beyond the official numbers. Generally, the … Continue reading

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The mystery of the shrinking wallet: How to combat rising prices, part 3

… conclusion Let me go back to the economic gibberish once more. Whenever we curb our consumption, assuming that a substantial number of us do, we can actually prevent prices from rising and even cause it to decrease. It’s called … Continue reading

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The mystery of the shrinking wallet: How to combat rising prices, part 2

con’t. I realize that the preceding paragraph (in part 1) shows such a defeatist attitude so let me try to redeem myself and offer some enlightenment on the subject matter. When prices rise steeply, there are two things we can … Continue reading

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The mystery of the shrinking wallet: How to combat rising prices, part 1

Inflation has been rising. Government says it is now beyond 4% and many institutions are saying that we can expect inflation to breach the 5% mark very soon. The government already conceded that it will miss its inflation target — … Continue reading

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Economics 2009; Deficit & Inflation

Philippines to incur Php 300 Billion in deficit for 2009 · According to the Department of Finance, the Philippines will likely report a budget deficit for 2009 of below PHP300 billion ($6.56 billion). · One of the reasons for the … Continue reading

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August inflation (2009) range at -0.3% to +0.6%

· The Philippines’ annual inflation rate could fall below zero in August before slightly picking up in the coming months. · The central bank forecast the annual change in August consumer prices to range between a 0.3% fall and a … Continue reading

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