Breaking news yesterday was the inflation rate reaching 6.4% last August, making it the highest it’s ever been in nine years based on a report released by the Philippine Statistics Authority. It’s a far cry from the government’s expected range for 2018 at 2% - 4%.
Experts from both sides of the fence come out of the woodwork to offer their own explanations and on who to blame for the alarming rate. But regardless of the cause, the rising prices of common goods is an effect that is heavily felt by everyone.
To cope, Filipinos do what we do best—find the humor in the situation and craft the most hilarious and creative memes.