PSA says PH headline inflation at 2.9% in January
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NewsTranscript
00:00The country's inflation remained steady at 2.9% in January 2025, the same as December last year,
00:07according to the Philippine Statistics Authority, or PSA.
00:10Key contributors were food and beverage, housing and utilities, and restaurants.
00:16Some items, like tomatoes and pork, saw significant price increases,
00:20while rice recorded a negative inflation rate of negative 2.3% in the national capital region.
00:26Inflation slowed 2.8%, while Cagayan Valley had the highest inflation at 5.1%.
00:34NEDS Secretary Arsenio Balisacan emphasized that the stable inflation reflects the success
00:40of government programs, with a focus on reducing food inflation.