Philippine Economy Talk

[Monseratto]

[uls]

the govt brought down food prices specially rice

but govt had nothing to do with fuel prices

swerte lang bumaba ang presyo ng langis

another factor is the stronger peso

[kisshmet]

^so which is which the inflation went down due to govt effort or due to sheer luck that prices of oil went down (for which this govt has nothing to do)?

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[uls]

^so which is which the inflation went down due to govt effort or due to sheer luck that prices of oil went down (for which this govt has nothing to do)?

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ung presyo ng bigas naibaba ng gobyerno (rice importation)

ung pagbaba ng fuel prices hindi gawa ng gobyerno

[uls]

food and fuel make up a large part of the consumer price index

both food and fuel prices decreased so syempre bababa ang headline inflation

[Monseratto]

Philippine Peso Faces New Threat as Duterte Gears Up for Poll

[uls]

election spending --> JFC

[kisshmet]

^will too much money flowing in the economy be bad this year?

We are technically on a reenacted budget..thats means the president has tremendous pork barrel budget to realign on the upcoming election

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[uls]

Re election season

Election spending good for economy but inflationary coz more money in circulation

What's bad is political instability that could result from the outcome of the election

[kisshmet]

^its good for the economy coz people will get more job (although temporary)

But you see the rise of inflation as something negative

Right of suffrage is the reflection of the will of the people..as long as the election is clean and honest it will be all good for the nation

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