00:00The Department of Finance called this year's inflation rate of 2.9 a good news.
00:07According to Finance Secretary Ralph Recto,
00:09this is an indication to make the prices of goods stable and to lower the interest rates of banks.
00:16However, due to the effects of the recent typhoons,
00:20the inflation rate rose from 3.8% to 3.4% in December 2024.
00:26This is also a reason to raise the prices of vegetables and other goods.
00:32Despite this, Recto assured that the government will not give up
00:36because they will still find a way to make the prices of goods stable and affordable.
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