As prices of basic products and services continue to increase, national labor center Kilusang Mayo Uno asked the public to participate in the “Protestang Bayan vs. Nagtataasang Presyo at Demolisyon.” Holding of protests is the only way Filipinos can have the chance of preventing price hikes and demolition of poor communities, Roger Soluta, KMU secretary-general, said in a statement.
Tags: price increase
Peso Value Down to P0.56
The country’s consumer price index (CPI) shows that as of May this year prices have increased so much since 1994 that the value of the Philippine peso has fallen by almost half. By DANILO ARAÑA ARAO Bulatlat.com The bad news is that with the exception of wages, practically everything is on the rise. Even worse…