Inflation noong Pebrero, bumilis sa 3.4%; rice inflation, pinakamabilis sa loob ng 15 taon | UB - video Dailymotion

GMA Integrated News

Unang Balita is the news segment of GMA Network's daily morning program, Unang Hirit. It's anchored by Arnold Clavio, Susan Enriquez, Ivan Mayrina, and Mariz Umali, and airs on GMA-7 Mondays to Fridays at 5:30 AM (PHL Time). For more videos from Unang Balita, visit http://www.gmanetwork.com/unangbalita.  #GMAIntegratedNews #KapusoStream  Breaking news and stories from the Philippines and abroad: GMA Integrated News Portal: http://www.gmanews.tv Facebook: http://www.facebook.com/gmanews TikTok: https://www.tiktok.com/@gmanews Twitter: http://www.twitter.com/gmanews Instagram: http://www.instagram.com/gmanews  GMA Network Kapuso programs on GMA Pinoy TV: https://gmapinoytv.com/subscribe

Transcript

00:00 The highest price of rice in the Philippines in the last 15 years is February, according to the Philippine Statistics Authority.

00:07 According to the National Economic and Development Authority, the price of food in the Philippines is likely to increase.

00:14 Here's the first news, Bernadette Reyes.

00:17 After a few months of slowdown, the price of products and services in the country has again increased.

00:28 From 2.8% last January, it has increased to 3.4% this February.

00:34 Among the reasons for the higher inflation, the price of food, like rice, has increased faster.

00:41 In fact, rice is the biggest contributor to inflation.

00:45 This is the highest rise in inflation since 2009 or in the last 15 years.

00:52 It's really increasing, even month on month. Of course, there are impacts of increases that we have seen.

01:02 At the same time, as I mentioned last month, the rise in inflation was low last year, from January to sometime July.

01:14 Assuming no reduction in the price and the movement will continue,

01:19 we should be expecting high rise in inflation until July or August this year.

01:24 The bottom 30% households feel that the highest price of rice is the most difficult to achieve in the country.

01:32 These relatives are helping to increase the high price of rice.

01:38 We are very young, we are cousins.

01:44 I will just share the rice and vegetables.

01:56 The Department of Agriculture also believes that the price of rice will decrease,

02:01 especially the rise in the price of rice from March to April, while the price of rice is also decreasing in the world market.

02:08 We are expecting to harvest more rice. Naturally, during this time, the price of rice will decrease,

02:20 which in turn will drive down the price of rice.

02:24 We expect that our harvest and production will increase.

02:29 However, the National Economic and Development Authority, ONEDA,

02:33 is worried about the possible effects of the inflation of El Nino, which could increase the price of food.

02:39 This is the first news. Bernadette Reyes for GMA Integrated News.

02:45 (In Tagalog)

02:57 (Music)

Inflation noong Pebrero, bumilis sa 3.4%; rice inflation, pinakamabilis sa loob ng 15 taon | UB

Category

Transcript

Recommended