Inflation nitong Agosto, bahagyang bumilis
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00:00 The price of goods and services in the country has increased rapidly. The so-called inflation in August is 4.7 percent from the Philippine Statistics Authority.
00:11 The country's headline inflation rose to 5.3 percent last month.
00:17 Because of that, the average price of goods and services in the country has increased by 6.6 percent in the last eight months.
00:26 On the other hand, the August inflation is still lower this year compared to 2022 at the same time, which is 6.3 percent.
00:35 Some of the first reasons for the rapid inflation are the prices of food such as rice, vegetables, fish, and even meat.
00:46 The increase in transport inflation is also due to the increase in the price of crude oil.