Professional Documents
Culture Documents
Infaltion Rate 2.0
Infaltion Rate 2.0
anhs.com djfj
THE ACACIA NATIONAL HIGHSCHOOL MONDAY, FEBRUARY 27 2023
Dillague, Jay-vee
Cartoonist
Dichoso, Justine
Dillague, Jay-vee
Sia, Rhianwhen
Page 1
Columnists
Headline, Introduction of Issue , Editorial
Cartoon Quiaoit, Ralph Joseph
School Principal
EDITORIAL: VOLUME 9 ISSUE:1
THE SPECTRUM
anhs.com ACACIA NATIONAL HIGHSCHOOL MONDAY, FEBRUARY 27 2023
OPINION
The issue is with the increasing prices of goods in the With the continuous passage of time, the price also
continues to increase. Where this is one of the main
Philippines, the average Filipino is having a hard time problems facing the Filipino people today and the result
purchasing goods for their everyday Necessities, leading is poverty. In this situation, the prices will increase
to some people in puberty, on the yearly basis the CPI slightly due to various factors which in turn causes a
increased by 9.4 percentage points during the month from negative effect for the consumers. The issues facing the
108.8 percent in January 2022.the CPI in NCR continuous increase in the price of basic commodities are
persistently remained lower from Philippines previous its impact and how to solve it, thereby reducing the
record which is registered a higher increase of 2.0 suffering faced by Filipinos. A lot of people are addicted
percentage points from 119.4 percent in the past month to to it. In which case, it will be more difficult for the less
121.4 percent in January 2023. The resolution for the fortunate to buy and the advancement of people will be
growing inflation in the Philippines is to strengthen the slower because the required budget to buy daily
economy so that will have strength in purchasing power. necessities will increase. A quick solution is needed.
We need to strengthen the power of peso so we can keep
up with the rising cost of living. The goverment should
also need look for long term solution for the inflation and
not just a band aid approach. This is also need to include
inforcing improving the tax collection. Cut goverment
spending on unnecessary goverment funding which only DILLAGUE , JAY-VEE
lead to further corruption by the goverment official.
Addressing high inflation requires a whole-of-
government approach. It requires fiscal consolidation
through budget rationalization and more tax revenues. PRICE OF ONIONS
THE SPECTRUM
anhs.com ACACIA NATIONAL HIGHSCHOOL MONDAY, FEBRUARY 27 2023
A rise in commodity prices that results in inflation over time For an average Filipino, inflation means that over time, one has
reduces the purchasing power of products. The average price to pay more to be able to meet basic needs such as food. When
increase of a selection of chosen goods and services over time inflation is low and prices are stable, the average Filipino is able
reflects the rate at which power decreases are acquired. An to feel more secure in investing money, knowing that it will
increase in commodity prices, which are typically reported as remain stable over time. This also supports consumption
percentages, indicates that a unit of currency can now buy less because under this environment. prices do not change
than it could have in the past. Deflation, which happens when significantly. This means that consumers are able to plan their
prices drop but buying power rises, can be contrasted with purchases. This consumer confidence in the economy will
inflation.A rise in price, which results in less being purchased eventually translate to economic growth. However, if prices
with each unit of currency. The general public's cost of living is decrease as a result of deflation, employment gets affected. In
impacted by the decline in purchasing power of goods and this situation, there is more supply than demand. With too much
services, which eventually slows economic growth. The majority products to sell and very limited buyers, a producer is forced to
opinion among economists is that when the nation's currency drop prices to be able to sell. This can also lead to other
changes, sustained inflation takes place. daily necessities growth measures such as lay-offs. When people lose cost-cutting
exceeds economic expansion. Many people are hurting as a result economic recession. their jobs, they become more unable to
of inflation. Due to the increase in pricing, low-income purchase goods and services even at low prices. This situation
individuals could no longer afford to make frequent purchases of could eventually lead to On the other hand, if prices get too
products or services. According to the Philippine Statistics high which is referred to as hyperinflation, the average Filipino
Authority, the inflation rate dropped by 0.1% from 6.4% in July tends to be more protective of his or her money. Given the
to 6.3% in August. Price spikes are challenging, and according to uncertainty of whether prices will continue to go up or down
National Statistician Undersecretary Dennis Mapa, this is due to over time, the consumer will opt to keep instead of spend or
the sharp rise in the cost of items such as Sinaga vegetables, fish, invest money.
and refined sugar. House rent, water, electricity, gas, and other
petroleum products also increased. It is not the expected peak or
highest of the inflation rate for this time period, according to the
PSA. He said it is expected that the price of goods will increase
in the next three months due to the Bagyong Karding effect as
well as the number of rice and peso against the dollar tanimans MOYO , MARK ANDREI
and hahinas. Meanwhile, the inflation rate is currently 9.6% in
Region 2 (Cagayan) and Region 9 (Zamboanga), respectively.
The increase in the price of various products or daily necessities
is harmful for most people. the reason why most people are EXPERIENCE
hungry is because they cannot buy the products they need to live
on a daily basis due to the increase in the prices of various The Philippines has experienced inflation and problems with the
products or inflation rates. The government should look at how economy, currently the price of the products have been going up
to solve the increase in various products, you reader, have you including the infamous onion struggle. It's not only food
thought of a profitable trick to lower the prices? I have a solution products that are rising but also fuel, water, electricity etc. The
in mind, Don't get different products from other countries first, Philippines inflation rate increased on 8.1 in December 2022
let's plant and take care of different products because if they get but raised on 8.7 since February this year. President Ferdinand
different products from other countries, they will pay more, when Marcos Jr. addressed the inflation, saying it kept him all night.
ourselves planted and took care of the product, because other "That's what I lose sleep every night over - how to bring down
countries have a higher currency than us. inflation" "I'm determined to make sure that inflation starts to
come down". It's disappointing and sorrowful that the Filipinos
have to experience this kind of price hike especially for the poor