00:00In the next two months, the price of products and services in the country has increased rapidly.
00:09According to the Philippine Statistics Authority, the estimated inflation rate this November is 2.5%.
00:15Although inflation has increased rapidly in the past month, it is still one of the lowest or slowest inflations this year.
00:24According to the PSA, the main reason for the rapid inflation is the rapid increase in food prices,
00:32particularly vegetables, fish, and meat.
00:35The slow decrease in the price of gasoline and diesel also contributes to the rapid inflation.
00:41Inflation this November entered the 2.2% to 3% forecast range of the Philippine Central Bank.
00:49The BSP is now focusing on keeping the prices of goods stable.
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