ON the average, a family of five members will need at least P13,797 per month to meet their minimum basic food and non-food needs in the first semester of 2023.
On the other hand, subsistence incidence among Filipinos or the proportion of Filipinos whose income is not enough to buy even the basic food needs was registered at 8.7 percent or about 9.79 million Filipinos in the first semester of 2023. On the average, the monthly food threshold for a family of five in the same period was estimated at P9,550.
Among families, the First Semester 2023 poverty incidence was estimated at 16.4 percent, which was equivalent to 4.51 million poor families.
Meanwhile, the subsistence incidence among families was recorded at 5.9 percent or about 1.62 million food poor families in the first semester of 2023
metrosundaily
