purchasing power - updates

Rappler's latest stories on purchasing power


Labor group to Duterte: Hike wages amid shrinking purchasing power

Jul 14, 2018 - 3:55 PM

Average minimum wage in the non-agricultural sector across all regions amount to P330.47 daily in April, but the actual purchasing power of Filipinos is only P208.38, says ALU-TUCP

HIGHER PRICES. Basic goods has seen a spike in prices at the Kamuning Public Market in Quezon City on June 26, 2018. Photo by Jire Carreon/Rappler

How much does a Big Mac cost in ASEAN countries?

Apr 27, 2017 - 6:14 PM

Aside from being a global favorite the staple fast food item is a tool used to measure the purchasing power of a country’s currency

TASTY. The Economist's Big Mac Index uses the tasty McDonald's staple to measure the value of different currencies.

Is your peso really just worth 67 centavos today?

Jan 29, 2017 - 6:45 PM

Here s why fears about your peso s diminished value are overblown

A street vendor counts Philippine peso currency in Manila on September 13, 2012. The Philippine central bank kept its key interest rates unchanged on September 13, saying the global inflation outlook remained muted as recession flattens demand for oil and other commodities. AFP PHOTO / JAY DIRECTO / AFP PHOTO / JAY DIRECTO

British shoppers begin to feel post-Brexit pinch

Aug 17, 2016 - 10:20 PM

It looks probable that consumer purchasing power will be significantly diluted over the coming months warns an analyst

A pedestrian walks past a shop with a closing down sale promotion in Liverpool, north west England, on August 17, 2016.  From computers and cars to carpets and food, Britain's decision to leave the EU is beginning to hit consumers in the pocket, having already spread uncertainty through the property market. The consequences of the shock vote have so far been mainly theoretical, but recent data suggest that the country's tumbling currency is about to reach the High Street. The Office for National Statistics publishes retail sales figures for July on August 18, 2016.  / AFP PHOTO / PAUL ELLIS

APEC 2015: A sense of déjà vu

Nov 12, 2015 - 7:00 PM

The current and former NEDA chiefs compare the Philippine economy on the eve of the country s hosting of the APEC summit in 1996 and in 2015 Then and now the global community saw the country as poised to reach great economic heights

Asians buying more appliances - study

Feb 19, 2013 - 9:04 AM

Air conditioners washing machines refrigerators and other domestic appliances grow 13 in Southeast Asia in 2012

APPLIANCE SALES. Sales of television, refrigerator, washing machines, and other domestic appliance items grow double digit in 2012. File photo by AFP

Strong peso? PH exporters go for volume

Sep 14, 2012 - 6:23 PM

Exporters target higher export revenue growth despite peso appreciation