The spiraling costs of products and companies are nonetheless the primary concern of Filipinos, a March 2024 Ulat ng Bayan survey of Pulse Asia confirmed.
According to a “24 Oras” report, the survey requested the respondents to decide on as much as three points that the administration ought to act on instantly.
“Controlling inflation” or the necessity to curb the spiraling costs of primary commodities ranked the very best among the many points thought of pressing by the respondents with 70%. This emerged as the highest concern throughout geographical areas and socio-economic lessons.
Increasing the pay of staff got here in second (36%), adopted by preventing graft and corruption in authorities (26%).
The survey was performed from March 6 to 10, 2024 utilizing face-to-face survey of 1,200 respondents. It has a +/-2.8% error margin on the 95% confidence stage. Subnational estimates for the geographic areas lined within the survey have the next error margins: +/-5.7% for Metro Manila, the remainder of Luzon, Visayas and Mindanao.
Among the “critical developments” that occurred within the weeks main as much as and in the course of the survey have been the plenary discussions of the House of Representatives on the proposed adjustments within the financial provisions of the 1987 Constitution; Senate listening to on the signature gathering for the Charter change petition; inquiry on the allegations in opposition to pastor Apollo Quiboloy; and the persevering with pressure within the West Philippine Sea.
Controlling inflation additionally emerged as the highest nationwide concern within the December 2023 survey with 72%.
For the March 2024 survey, the respondents additionally raised the next problems with nationwide concern: creating extra jobs (25%); decreasing poverty (25%); offering help to farmers together with promoting their merchandise (19%); addressing the issue of involuntary starvation (17%); and offering assist to small entrepreneurs (14%).
At the underside of the listing of the respondents are points that should do with defending the welfare of abroad Filipino staff (5%); getting ready to face any type of terrorism (4%); and altering the Constitution (1%).
March inflation
On Friday, the Philippine Statistics Authority (PSA) reported that the Philippines’ inflation fee accelerated additional in March, marking its second straight month of acceleration amid quicker will increase in meals and transportation prices.
National Statistician and PSA chief Claire Dennis Mapa mentioned inflation —which measures the speed of improve within the costs of products and companies—quickened to three.7% in March 2024 from 3.4% in February 2024.
Last month’s inflation fee, nevertheless, was slower than the 7.6% fee seen in March 2023.
Food inflation —which tracks value actions in a “basket” of meals generally bought by households— accelerated to five.7% from 4.8% in February, the PSA added.
The predominant perpetrator was rice once more, which noticed an inflation fee of 24.4%, quicker than 23.7% in February.
This was additionally the quickest inflation print for the grain staple in almost 15 years, when it clocked in at 24.6% in February 2009.
Meat inflation additionally elevated to 2% from 0.7% month-on-month.—Sherylin Untalan/LDF, GMA Integrated News
Source: www.gmanetwork.com
