00:00Despite the fast inflation in November, the Department of Agriculture promised that the prices and supplies will remain stable this December.
00:10According to Agriculture Secretary Francisco T. Laurel Jr., although there is a slowdown in the headline inflation,
00:16the rise in inflation is still high.
00:18This is something that can be maintained.
00:20This is also due to the continued decrease in the average price of rice,
00:24the stable price of Pesos versus Dollars, the decrease in imports of imported rice,
00:29and the expected decrease in the price of well-milled rice in the coming months.
00:34This is what Agriculture Secretary Arnel De Mesa said,
00:37or Assistant Secretary Arnel De Mesa, that the public can rely on the sufficient supply of goods until the year ends,
00:44particularly when it comes to rice.
00:46Yesterday, the DA started selling 40 pesos per kilo of rice under the Rice for All program,
00:52which, according to the agency, is expected to help reduce the rise in inflation.
