Palace reacts to deceleration of PH inflation rate

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Transcript

00:00The palace highlighted the country's 1.8% inflation rate in March, the lowest recorded

00:06in the past five years.

00:08During a palace press briefing, Palace Press Officer Undersecretary-Attorney Claire Castro

00:14said that the decline was largely driven by slower price increases in food and non-alcoholic

00:21beverages.

00:22One notable factor was a 7.7% drop in rice prices, a steeper decline compared to the

00:294.9% recorded in February.

00:33The palace also assured the public that the government remains committed to delivering

00:37jobs and quality public services, especially to the underprivileged.

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