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To our Global Pinoys in the U.S., catch your favorite Pinoy shows from GMA Pinoy TV, GMA Life TV, and GMA News TV, now available on YouTube TV!
Subscribe now for only $14.99 per month. Visit tv.youtube.com for more details.
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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
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GMA Network Kapuso programs on GMA Pinoy TV: https://gmapinoytv.com/subscribe
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NewsTranscript
00:00In January 2025, it is expected that the price of rice will drop by P5 according to the Department of Agriculture.
00:09If the price of rice is P52 now, it should be P48 by January. If the price of rice is P50 now, it should be P45 by January.
00:19According to Agriculture Secretary Francisco Tulaurel Jr., because of the effect of Executive Order No. 62,
00:25the price of imported rice will drop by 15% from the previous 35%.
00:32President Bang Bang Marcos is positive that the price will continue to fall, especially since that is what is happening in some Asian countries.
00:39At the same time, inflation rate is expected to fall this September from 3.3% in August, which is possible to fall to 2.5% this month.
00:48According to the government, the inflation rate in the country will end in the year between 2 and 4 percent.