Inflation rate ng bansa, bumaba sa 1.9%, pinakamabagal sa loob ng apat na taon

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Inflation rate ng bansa, bumaba sa 1.9%, pinakamabagal sa loob ng apat na taon  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 - 8:00 am Bagong Pilipinas Ngayon - 12:00 - 1:00 pm Sentro Balita - 1:00 pm - 2:00 pm Ulat Bayan - 6:00 pm - 7:00 pm PTV News Tonight -  9:30 pm - 10:30 pm  Saturday & Sunday: ►Ulat Bayan Weekend - 6:15 pm - 7:00 pm

Transcript

00:00According to the Philippine Statistics Authority,

00:03the country's inflation dropped by more than 1% in the past month of September.

00:08Let's find out the details in the words of Joshua Garcia.

00:13The Philippines' inflation dropped by 1.9%

00:17according to the Philippine Statistics Authority

00:20just last month of September.

00:22This is the lowest rate recorded since May 2020.

00:26This is lower than the 3.3% in August 2024

00:31and 6.1% in September 2023.

00:34While the year-to-date average inflation from January to September

00:38is at 3.4%.

00:40According to the National Statistician

00:42under Secretary-Claire Denise Mapa,

00:44this is due to a slower increase in food,

00:47drinks, and transportation prices.

00:49The lower household inflation,

00:52water, electricity, and gas

00:55slowed down because of the higher prices.

00:57So based on the computation,

00:59it's again a combination,

01:00but the impact of lower prices

01:05on other items is substantial,

01:08especially when they are negative

01:09relative to the base effect.

01:11But base effect, because of the computation,

01:14really has an impact on the 1.9%.

01:18In Metro Manila,

01:20the inflation dropped by 1.7%

01:22From 2.3% in August,

01:25due to a slow increase in house prices and transportation

01:28while outside the NCR,

01:30the inflation dropped by 2%

01:32from 3.6% last month.

01:35The Ilocos region recorded the lowest inflation rate

01:38at 0.6%,

01:40while Western Visayas recorded the highest inflation rate at 3.4%.

01:44If our inflation rate drops,

01:46it means that the price of goods has slowed.

01:51But if we look at the individual items,

01:55or some group of items,

01:57there are some that really dropped, negative.

01:59It means that the price really dropped.

02:01So an example of this is transportation,

02:04gasoline, diesel, tomatoes,

02:06those are negative.

02:08But overall,

02:10this is 1.9% overall.

02:12It just means that it still increased,

02:14but at a slower rate.

02:17If we compare the 1.9% inflation rate

02:20in the past year,

02:21it dropped a lot from 6.1% in September 2023,

02:26which shows a big change

02:28in the rapid increase of house prices

02:30and services within a year.

02:33Meanwhile,

02:34according to the National Economic and Development Authority,

02:36or NEDA,

02:37the government is continuing to push

02:39the measures

02:40to maintain a stable price of basic goods,

02:43such as the implementation of Executive Order No. 62

02:46to lower the rice tariffs,

02:48the Agri-Puhunan and Pantawid Program,

02:50as well as the ongoing fight against African Swine Fever or ASF,

02:53and the passing of the Anti-Agricultural Economic Sabotage Act

02:56that aims to stop

02:58hoarding and other illegal activities.

03:00According to NEDA,

03:01the government is also preparing

03:02to face the effects of the pandemic

03:04to maintain a stable price of basic goods.

03:07Joshua Garcia

03:08for Pambansang TV

03:09in Bagong, Philippines.

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Transcript

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