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NewsTranscript
00:00After a delay last June, the price of products and services in the country rose again this June.
00:07According to the Philippine Statistics Authority, the inflation rate this July was 4.4%.
00:13That's the highest rate this year.
00:15According to the PSA, the main reasons for the increase in inflation are the faster rise in house prices,
00:22water and electricity, as well as the faster rise in the price of gas and other oil products.
00:28Inflation also rose because of the faster rise in food prices,
00:33such as meat, fruits, fish, and other seafood.
00:37According to NEDA, the Department of Agriculture will distribute a fuel subsidy to more than 100,000 farmers
00:45this August until September.
00:48They also have plans to ensure adequate food and support for vulnerable sectors.
00:54Inflation rose this time.
00:59For more hot news, subscribe to GMA Integrated News on YouTube.
01:04For Kapuso abroad, follow us on GMA Pinoy TV and www.gmanews.tv.