NEDA, tiniyak na on-track ang bansa pagdating sa galaw ng presyo ng mga pangunahing bilihin

3 weeks ago

NEDA, tiniyak na on-track ang bansa pagdating sa galaw ng presyo ng mga pangunahing bilihin
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Transcript

00:00The National Economic and Development Authority has assured that the country is still on track

00:06when it comes to the movement of the prices of the main commodities in the country.

00:09This is despite the fast pace of inflation this October.

00:13This is Joshua Garcia's report.

00:18The National Economic and Development Authority has assured

00:20that the prices of the main commodities in the country are still stable.

00:23This is despite the fast pace of inflation for the month of October this year.

00:28According to NEDA, even though it increased by 2.3% in October

00:33from 1.9% in September, it is still considered stable

00:37if it is based on the target of the government of 2.0% to 4.0% of the inflation rate.

00:42The Philippine Statistics Authority or PSA has explained that

00:44the main cause of the fast pace of inflation

00:47is the increase in the prices of food and non-alcoholic beverages, especially rice.

00:51According to National Statistician Dr. Dennis Mapa,

00:54it is also a source of calamities and it can still be experienced

00:58until the next few weeks, this November.

01:23According to the PSA, even though the price of some foods like vegetables

01:27seafood, chicken, and bananas are still high, the prices of rice and corn are still high.

01:34Our expectation is that this is just a blip,

01:40and we expect that it will go down.

01:43Again, inflation rate and of course the price level per kilo

01:48in the coming months, November and December.

02:03According to the PSA, it is still a source of calamities and it can still be experienced until the next few weeks, this November.

02:06According to the PSA, it is still a source of calamities and it can still be experienced until the next few weeks, this November.

02:08According to the PSA, it is still a source of calamities and it can still be experienced until the next few weeks, this November.

02:11According to the PSA, it is still a source of calamities and it can still be experienced until the next few weeks, this November.

02:14According to the PSA, it is still a source of calamities and it can still be experienced until the next few weeks, this November.

02:16According to the PSA, it is still a source of calamities and it can still be experienced until the next few weeks, this November.

02:18According to the PSA, it is still a source of calamities and it can still be experienced until the next few weeks, this November.

02:20According to the PSA, it is still a source of calamities and it can still be experienced until the next few weeks, this November.

02:22According to the PSA, it is still a source of calamities and it can still be experienced until the next few weeks, this November.

02:24According to the PSA, it is still a source of calamities and it can still be experienced until the next few weeks, this November.

02:26According to the PSA, it is still a source of calamities and it can still be experienced until the next few weeks, this November.

02:28According to the PSA, it is still a source of calamities and it can still be experienced until the next few weeks, this November.

02:30According to the PSA, it is still a source of calamities and it can still be experienced until the next few weeks, this November.

02:32According to the PSA, it is still a source of calamities and it can still be experienced until the next few weeks, this November.

02:34According to the Central Bank of the Philippines, the inflation rate of 2.3% for the month of October is still within their forecast range of 2.0% to 2.8%.

02:36According to the Central Bank of the Philippines, the inflation rate of 2.3% for the month of October is still within their forecast range of 2.0% to 2.8%.

02:38According to the Central Bank of the Philippines, the inflation rate of 2.3% for the month of October is still within their forecast range of 2.0% to 2.8%.

02:40According to the Central Bank of the Philippines, the inflation rate of 2.3% for the month of October is still within their forecast range of 2.0% to 2.8%.

02:42According to the Central Bank of the Philippines, the inflation rate of 2.3% for the month of October is still within their forecast range of 2.0% to 2.8%.

02:44According to the Central Bank of the Philippines, the inflation rate of 2.3% for the month of October is still within their forecast range of 2.0% to 2.8%.

02:46According to the Central Bank of the Philippines, the inflation rate of 2.3% for the month of October is still within their forecast range of 2.0% to 2.8%.

02:48According to the Central Bank of the Philippines, the inflation rate of 2.3% for the month of October is still within their forecast range of 2.0% to 2.8%.

02:50According to the Central Bank of the Philippines, the inflation rate of 2.3% for the month of October is still within their forecast range of 2.0% to 2.8%.

02:52According to the Central Bank of the Philippines, the inflation rate of 2.3% for the month of October is still within their forecast range of 2.0% to 2.8%.

02:54Joshua Garcia for Pambansang TV in Bagong, Philippines.

NEDA, tiniyak na on-track ang bansa pagdating sa galaw ng presyo ng mga pangunahing bilihin

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