00:00Inflation is still 2.9% or the rate of inflation of products and services in the country in January.
00:08According to the Philippine Statistics Authority, the inflation rate is the same as in December 2024,
00:14but it is slightly higher than in January 2024.
00:18The PSA also said that the rate of inflation is related to the increase in the price of tomatoes and other vegetables,
00:27meat, and fish, especially galunggong.
00:30The price of electricity, water, and liquefied petroleum gas or LPG is also slowing.
00:36According to the National Economic and Development Authority,
00:39their steady inflation this January is a positive indication
00:43of the government's efforts to control the price of goods.
00:57For more UN videos visit www.un.org
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