Palasyo, ikinalugod ang pagbagal ng inflation sa 2.1%; epektibong pagtugon sa inflationary pressures, isa sa nakikitang dahilan

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Palasyo, ikinalugod ang pagbagal ng inflation sa 2.1%; epektibong pagtugon sa inflationary pressures, isa sa nakikitang dahilan   For more news, visit:  ►https://www.ptvnews.ph/  Subscribe to our DailyMotion Channel: ►http://www.dailymotion.com/peoples-television-incorporated  Subscribe to our YouTube channel: ►http://www.youtube.com/ptvphilippines  Like our Facebook pages: ►PTV: http://facebook.com/PTVph  ►Rise and Shine Pilipinas: https://www.facebook.com/riseandshinepilipinas  Follow us on Twitter:  ►http://twitter.com/PTVph  Follow us on Instagram: ►https://www.instagram.com/ptvph  Watch our livestream on:  ►http://ptvnews.ph/livestream/ ►https://www.dailymotion.com/PTVPhilippines  Watch our News Programs, every Mondays to Fridays  Rise and Shine Pilipinas - 6:00 - 7:00 am | 7:30 - 8:00 am Balitang Pambansa - 7:00 - 7:30 am | 12:00 - 12:30 pm | 6:00 - 6:30pm | 9:30 - 10:00 pm PTV Sports - 8:00 - 9:00 am Bagong Pilipinas Ngayon - 12:30 - 1:00 pm Sentro Balita - 1:00 pm - 2:00 pm Ulat Bayan - 6:30 pm - 7:00 pm PTV News Tonight -  10:00 pm - 10:30 pm  Saturday & Sunday: ►Sentro Balita Weekend - 1:30 - 2:00 pm ►Ulat Bayan Weekend - 6:15 pm - 7:00 pm

Transcript

00:00He was very happy with the decrease in the inflation rate last February.

00:03PCO Undersecretary and Palace Press Officer Claire Castro also explained

00:09the government's actions to lower the prices of goods in the country.

00:14Kenneth Pacientes has the details.

00:19The current administration's effective response to inflationary pressures,

00:24one of the reasons behind the slowdown of the inflation rate this February.

00:30In his press briefing, the Palace said that the decrease in the inflation rate

00:34was 2.1% compared to 2.9% last January.

00:39This is the biggest decrease in the inflation rate since September last year.

00:43This slowdown is a big step for the actions of the Marcos Jr. Administration.

00:49According to the National Economic and Development Authority,

00:52the continued decrease in the inflation rate is an indication that the actions of the government

01:01are effective against the so-called inflationary pressures.

01:06The agency will also strive to maintain a low inflation rate

01:11and to immediately address the possible rise in other commodities.

01:16The Palace also said that the government's target is still 2-4%,

01:21the so-called 2.5% average inflation rate.

01:24The lower rate of inflation is due to the slow rise in the prices of food

01:31and non-alcoholic beverages, which are at 2.6%.

01:37This slowdown is due to the slow rise in the prices of vegetables and other products.

01:45In addition, the National Economic and Development Authority

01:49has assured that it will continue to implement measures to slow down the country's inflation rate.

01:54This includes ensuring food security in the face of storms

01:59and other challenges to the livestock industry such as the African Swine Fever.

02:03According to NEDA Secretary Arsenio Balisacan,

02:05the government will implement the La Niña Action Plan

02:08to restore agricultural productivity in areas that are often hit by storms and floods.

02:14The government will also continue to provide fuel assistance to our farmers.

02:18Balisacan assured that the government will not compromise

02:22in addressing the potential impacts of inflation

02:25to improve the livelihoods of Filipinos.

02:28Kenneth Paciente for Pambansang TV in Bagong, Philippines.

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