Food advocates say wage hike needed to urgently address inflation
Food advocates say wage hike needed to urgently address inflation
By Dawn Cecilia Peña
Market Watch
Bulatlat.com
MANILA – Food security advocates encouraged the public to join their petition for an urgent wage hike as they monitored the prices of staples at Litex Market in Quezon City.
“The price of rice, vegetables, meat, fish and other basic commodities can no longer be afforded by the average consumer. The supervening event of a very high inflation is enough reason to raise the wages of workers, salaries of employees and livelihoods of [Filipinos],” said Cathy Estavillo of consumer group Bantay Bigas and women farmers Amihan.
According to thinktank Ibon foundation, the reported October 2022 inflation of 7.7 percent by the Philippine Statistics Authority (PSA) is the fastest in almost 14 years since December 2008 (7.8 percent).
Estavillo added, “The sectors implored and suggested these seven ways to increase wages and lower prices.”
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