Inflation nitong Pebrero, bumaba sa 2.1% mula sa 2.9% noong Enero

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00:00Lowering the domestic farm gate price and import of rice will help in slowing down the inflation according to NEDA.

00:09Meanwhile, the agency promised that it will focus on the entry of heat and possible rain this year.

00:16Joy Gabrido of Radyo Pilipinas has national news.

00:23The government's strategies under the leadership of President Ferdinand R. Marcos Jr.

00:29to continue to slow down the inflation in the Philippines.

00:33From 2.9% last January, the inflation slowed to 2.1% this February.

00:40In a statement of Radyo Pilipinas, the National Economic and Development Authority

00:45or NEDA under Secretary Rosemary Edillon said that

00:48aside from the decrease in inflation in almost all sectors,

00:52there is also a sign of a depletion in rice.

00:55There is also a sign of a depletion in rice.

01:00This is what we call deflation.

01:02It's not just a slowdown, it's deflation.

01:04In rice, it's minus 4.9%.

01:08NEDA explained that lowering the domestic farm gate price and import of rice helped a lot.

01:16And to maintain a low inflation rate in the coming months, NEDA continues to monitor.

01:23This includes the entry of rice and its possible export this year.

01:28We should also be ready first for the relief.

01:32Because as you know, if there is such a situation, the price of food will increase first.

01:39We should be ready that we have a stock of food.

01:44From Radyo Pilipinas, this is Joy Camarga Brido for the national news.

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