Inflation nitong Enero, nanatili sa 2.9% ayon sa PSA

PTVPhilippines

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00:00The country maintained the rapid movement of the price of goods and services this January, according to the Philippine Statistics Authority,

00:07while the price of rice continued to fall since December last year.

00:12The details are in the national news of Bernard Ferrer.

00:18The headline inflation of the country remains stable at 2.9 percent this January 2025.

00:24The same rate was seen this December 2024, according to the latest report of the Philippine Statistics Authority.

00:32The main contributors to the overall inflation are food and non-alcoholic beverages, which have 3.8 percent inflation and 50.3 percent share.

00:43Next is housing, water, electricity, gas and other fuels, which have 2.2 percent inflation and 16.5 percent share.

00:52And restaurants and accommodation services, which have 3.2 percent inflation and 10.8 percent share.

01:00Five of the main commodities that contributed to the overall inflation are tomatoes, which have 155.7 percent inflation.

01:09Restaurants, cafes and others have 3.3 percent inflation.

01:14Renting a house has 2.0 percent inflation.

01:18Pork has 8.4 percent inflation.

01:22Chicken has 8.4 percent inflation.

01:25Meanwhile, some products have a slower price increase.

01:30Corn has 3.6 percent inflation.

01:33Flour, bread and other products have 1.7 percent inflation.

01:38Fruits and peanuts have 6.5 percent inflation.

01:43Negative 2.3 percent inflation in rice is also a positive news, which shows a decrease in prices since December 2024.

01:52We track three things, regular meal, dual meal and special rice.

01:56For all the three items under rice, the inflation rate is negative year-on-year and month-on-month.

02:06In the National Capital Region or NCR, inflation decreased by 2.8 percent in January 2025.

02:13In the regions outside the NCR, the highest inflation was in Region 2 or Cagayan Valley, 5.1 percent to 4.6 percent in December 2024.

02:24The lowest inflation was in Region 12 or Soxargen, 1.1 percent to 1.2 percent in December 2024.

02:32According to the National Economic and Development Authority, Secretary Arsenio Balisacan,

02:37a stable inflation rate proves effective the government's programs

02:41in maintaining the prices of goods according to the target of the Philippine Development Plan 2023-2028.

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