Philippine Economy Talk

[dreamur]

Anong projection mo uls? Sa gitna ako - 6.8

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[ray_noel]

Spaghetting pababa ang psei... its gonna be a long hold para makabawi ako... yoko na dumagdag, pagod na ako humabol...


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[uls]

Anong projection mo uls? Sa gitna ako - 6.8

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can't say Sir pero definitely higher than August's 6.4%

coz tumataas parin fuel and food prices

tapos ung typhoon damage pa

[dreamur]

can't say Sir pero definitely higher than August's 6.4%

coz tumataas parin fuel and food prices

tapos ung typhoon damage pa

Guess it gets worse before it gets better.

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[uls]

i forgot there's also further PHP depreciation from Aug to Sept which also adds to inflation

yes it gets worse before it gets better

-

PH's widening current account deficit (more $$$ going out than coming in)

eventually it will self-correct in a painful way

coz as $$$ become more expensive making imports more expensive demand for imported goods will go down (too expensive) so demand for $$$ will go down

that'll will narrow the current account deficit

[uls]

as prices of basics keep rising people will cut back on non-essentials (consumer discretionary)



durable goods or consumer durables:


Re automobiles there's data on that -- car sales keep falling month after month

wish we have data on appliance sales it's a good indicator

re apparel... no data on that but lots of discounted apparel everywhere

re entertainment & leisure no data but looks like people are still going to movies and restaurants are full

[A121]

as prices of basics keep rising people will cut back on non-essentials (consumer discretionary)



durable goods or consumer durables:


Re automobiles there's data on that -- car sales keep falling month after month

wish we have data on appliance sales it's a good indicator

re apparel... no data on that but lots of discounted apparel everywhere

re entertainment & leisure no data but looks like people are still going to movies and restaurants are full

Aside from train, malaki epekto ng regulation ng tnvs. I am not seeing a lot of 4th gen vioses on the road.

Sa entertainment, parang yan yung di pinaka naaapektuhan ng slowdown kung sakali. Historically, one of the more resilient industries. Laki ng kita ng excess baggage at the hows of us.

[uls]

^^^

haha ung hows of us grabe ang pila

[remzam]

Aside from train, malaki epekto ng regulation ng tnvs. I am not seeing a lot of 4th gen vioses on the road.

Sa entertainment, parang yan yung di pinaka naaapektuhan ng slowdown kung sakali. Historically, one of the more resilient industries. Laki ng kita ng excess baggage at the hows of us.

People watch movies para di maalala na wala na sila pambili ng bigas. Para makalimot. Makita lang idol nila na pogi at may happy ending at forever, uuwi mga tao na masaya. Panandaliang aliw sa 6 na taong pagdurusa.

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[uls]

what's gonna happen to PH economy?

it's gonna slow down

why?

higher oil prices --> higher inflation --> higher interest rates

[kagalingan]

Aside from train, malaki epekto ng regulation ng tnvs. I am not seeing a lot of 4th gen vioses on the road.

Sa entertainment, parang yan yung di pinaka naaapektuhan ng slowdown kung sakali. Historically, one of the more resilient industries. Laki ng kita ng excess baggage at the hows of us.

^^^

haha ung hows of us grabe ang pila

Napasearch ako kasi duda ako sa title pa lang tagalog showbiz movies. Tumpak nga ako kasi wala kamatayan love story na naman. Ewan ko paano nakakaya bumunot ng noypi sa ganyan pelikula

[essjei55]

Napasearch ako kasi duda ako sa title pa lang tagalog showbiz movies. Tumpak nga ako kasi wala kamatayan love story na naman. Ewan ko paano nakakaya bumunot ng noypi sa ganyan pelikula

Napanuod mo?

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[kagalingan]

^
Hindi. Tagal ko na wala nuod sine. Ang naalala ko eh yung last part ng hobbit huli ko napanuod. Puro na ako smart tv. Kakatapos ko nga lang nuod fear the walking dead. Antay na sa the walking dead.

Grabe pala presyo sine ngayon. 245 regular cinema. Tapos 295 pag 3D. And 400something pag imax foreign films.

Sayang pera pag love story showbiz movie lang. Makakabili na ng 290 graphic t-shirt sa uniqulo nun

[Monseratto]

Starbucks PHL hikes beverage prices | Money | GMA News Online

[minicarph]

eto ang isa sa mga inaantay kong news ang magtaas ang Starbucks, medyo matagal na din pricing nila at the current level.

[_Cathy_]

Napakamahal na mag grocery ngayon. I bought celery last week and it's P625 per kilo! Nalanta na tuloy



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[StockEngine]

12liters of gas..down the drain

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[A121]

Starbucks PHL hikes beverage prices | Money | GMA News Online

IIRC, back in 2003 yung tall na hot chocolate sa starbucks ay P60.

Tanda ko pa nga na may jollibee meal na P29 lang noon. Haha

[Monseratto]

Napakamahal na mag grocery ngayon. I bought celery last week and it's P625 per kilo! Nalanta na tuloy



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People aren't buying expensive veggies... And many end up just rotting away.

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[2lits17]

parang lahat ng tao ngayon from higher middle class below eh nag hihigpit ng sinturon.

kung 60 pesos per liter ng gas, sa 20 liters 1,200 na agad yun tapos traffic pa, sayang din un sa gas.