Rodrigo Duterte’s inflation problem

Inflation in the Philippines has doubled over the past year to hit 6.4%. People are losing confidence in strongman president Rodrigo Duterte’s ability to tackle the problem.

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Rodrigo Duterte can't force prices lower
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Inflation could turn out to be Filipino president Rodrigo Duterte's toughest foe, says Clara Ferreira Marques on Breakingviews. Inflation in the Philippines has doubled over the past year to hit 6.4%, its highest level since 2009 and well above the government's target of 2%-4%. People are losing confidence in the strongman's ability to tackle the problem.

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Marina Gerner is an award-winning journalist and columnist who has written for the Financial Times, the Times Literary Supplement, the Economist, The Guardian and Standpoint magazine in the UK; the New York Observer in the US; and die Bild and Frankfurter Rundschau in Germany.

Marina is also an adjunct professor at the NYU Stern School of Business at their London campus, and has a PhD from the London School of Economics.

Her first book, The Vagina Business, deals with the potential of “femtech” to transform women’s lives, and will be published by Icon Books in September 2024.

Marina is trilingual and lives in London.