Inflation eases to 6.2% in July 2026, but still elevated
(1st UPDATE) Despite the broader disinflation trend, inflation for the poorest households rises to 8.2% as rice prices continue to climb
(1st UPDATE) Despite the broader disinflation trend, inflation for the poorest households rises to 8.2% as rice prices continue to climb
Around 592,000 Filipinos 15 to 24 years old enter the labor force for the first time in June, but only 310,000 of these young entrants find employment
Around 6.5 million Filipinos were lifted out of poverty between 2023 and 2025, but the World Bank estimates that at least 28% of the population remain at risk of falling back into poverty
Much of the increase goes to PSA, with P5.06 billion for a nationwide household census and P2.37 billion for the National ID, while PPP Center funding is halved
(1st UPDATE) Until the updated figures arrive, any claim that Philippine poverty has largely been solved is premature
GCash and PSA expand access to digital finance through National ID integration
GCash says keeping digital financial services accessible also means building a business that can sustain them
Filipino family incomes rose 16.5% from 2023 to 2025, but spending grew even faster at 24.7%, leaving households with less financial breathing room
The new measure adds another wrinkle to the poverty debate by measuring deprivation not just through income, but also across education, health, housing and basic services, and employment
The National Capital Region records the country’s highest unemployment rate at 8.2%, as young Filipinos entering the workforce struggle to find enough jobs