Unang Balita is the news segment of GMA Network's daily morning program, Unang Hirit. It's anchored by Arnold Clavio, Susan Enriquez, Ivan Mayrina, and Mariz Umali, and airs on GMA-7 Mondays to Fridays at 5:30 AM (PHL Time). For more videos from Unang Balita, visit http://www.gmanetwork.com/unangbalita.
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Breaking news and stories from the Philippines and abroad:
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TikTok: https://www.tiktok.com/@gmanews
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NewsTranscript
00:00Inflation rate increased by 2.3 percent, or the price of goods and services increased rapidly this October, according to the Philippine Statistics Authority.
00:11Inflation increased again after two consecutive months.
00:14The main reason for the increase in inflation is the increase in the price of rice.
00:18The increase in house rents, the price of vegetables, and massages were also affected.
00:25According to the PSA, the increase in the price of food affected the flood victims.
00:29This is what the National Economic and Development Authority, or NEDA, and the Central Bank of the Philippines, or the BSP, are focusing on.
00:37Although it increased rapidly, the BSP also said that inflation rate will be included in their forecast this October.
00:55For more UN videos visit www.un.org