D.A., tiwala na magpapatuloy pa ang pagbaba ng presyo ng bigas
D.A., tiwala na magpapatuloy pa ang pagbaba ng presyo ng bigas
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NewsTranscript
00:00The Department of Agriculture believes that the increase in the price of rice will continue to slow down.
00:06This is in line with the Philippine Statistics Authority's report yesterday
00:11that rice was the first to have the biggest losses when it comes to food inflation this August.
00:17This is also the lowest-rising inflation in the last 10 months.
00:22According to DA Spokesperson Assistant Secretary Arnel De Mesa,
00:27this is a good news, especially since rice is a big part of the country's overall inflation.
00:33The official also confirmed that the government will continue to strive to lower the price of rice.
00:41It's a good thing that it's a single-digit number.
00:43We can see that after RTL, after a year,
00:48the inflation became stable because of rice.
00:52It's only around 2 to 4 percent.
00:56So hopefully, we can reach that level again in the near future.