00:00 The prices of goods and services in the country and in the PSA have recently slowed.
00:05 Philippine Statistics Authority said that the country's headline inflation dropped from 5.4 percent in June to 4.7 percent.
00:14 The average inflation in the Philippines is at 6.8 percent from January to July.
00:22 The PSA explained that the main reason for the slowdown in inflation is the price of household goods, oil, gas, water and even electricity.
00:36 This is the slowest inflation recorded in the country since March last year.
00:47 According to Secretary Arsenio Balisacan, despite the continuous improvement in the Philippines' inflation,
00:56 the country still needs to be alerted to the effects of calamities such as the typhoon and the country's outbreaks.
01:07 ♪ Yes, you ♪
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