Halo-halong pagtaas at pagbaba sa mga presyo ng bilihin, epekto ng inflation rate nitong December 2024 ayon sa PSA
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NewsTranscript
00:00The impact of the inflation rate in December of the past year was mixed.
00:04There were rising prices for the first to buy
00:08and there were also prices going down like for rice.
00:11This is Noel Talacan's story.
00:15In the Qmart public market,
00:17the cheapest rice can be bought here is still 40 pesos per kilo.
00:22According to rice sellers,
00:24the price of some imported and commercial rice is also going down.
00:29For imported rice, the price didn't go up.
00:32It went down last week and it's still the same.
00:35The price of eggs in the market also went down to 10 pesos per tray.
00:41According to the Philippine Statistical Authority or PSA,
00:44some of the first to buy prices went down
00:49despite the fast inflation rate of the country this month of December.
00:55The inflation rate of December 2024 is 2.9%
00:59while 2.5% in the month of November 2024.
01:04But if we compare it to the year-to-year inflation rate,
01:09the inflation rate of December 2024 is slower
01:13compared to December 2023 which is 3.9%.
01:18There are four sectors that have a big impact
01:22on increasing the inflation rate of December 2024.
01:26Housing, water, electricity, gas, and other gas
01:31are the biggest factors in increasing the inflation rate
01:35which is 52.9% of the total inflation rate.
01:40Food and non-alcoholic beverages
01:43also have a big impact with a 44.3% share.
01:49Although the sectors of restaurants, accommodation, and transportation
01:55have a small contribution to the total inflation,
01:59according to the PSA, the mass transit of various types of transportation also increased.
02:05Seasonality.
02:06We usually see that the price goes up in the summer
02:11because of the holidays, going home, and it's really December.
02:15The effect of the inflation rate in December 2024 in the country is mixed.
02:22If there are prices going up, there are also prices going down like rice.
02:27But in the QMARC public market, the price of pork has gone up.
02:33The price has gone up even more.
02:35The price of tomatoes also went up.
02:37Our salary is just right.
02:42Tomatoes are needed for stir-frying, to make it more delicious.
02:47Just a few tomatoes and one potato.
02:50But there are some vegetables whose prices have gone down.
02:53Cabbage, beans, pechay baguio, chayote, cucumber.
03:03That's the only thing I know that's cheap.
03:06The PSA admitted that the inflation rate in December 2024 has gone up.
03:13But they can't deny that the price of rice that can continue this year has gone up.
03:22Noel Talacay for Pambansang TV in Bagong, Philippines.