00:00The government will continue to strive to control the price of goods despite the alleged increase in inflation of 2.3 percent this month.
00:10According to NEDA Secretary Arsenio Balisacan, the government is ensuring that the food supply is sufficient and that the prices will remain stable
00:19with the target range of 2.0 to 4.0 percent, the 3.3 percent national average inflation rate from January to October this year.
00:31Balisacan also pointed out that there has been a significant effect of the floods on the supply chain and logistics of the country.
00:37According to the report of the Philippine Statistics Authority, the country's inflation increased by 2.3 percent from 1.9 percent last September.
