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2024 average inflation ng bansa, bumagal sa 3.2% kumpara sa 6% noong 2023 ayon sa PSA
PTVPhilippines
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1/7/2025
2024 average inflation ng bansa, bumagal sa 3.2% kumpara sa 6% noong 2023 ayon sa PSA
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Transcript
Display full video transcript
00:00
The government's biggest step is still to hope for a solution to the challenge of inflation
00:06
or the rapid rise in the price of goods and services in the country.
00:11
This is after the slowdown of 2024 despite various trials that hit the country.
00:18
Noel Talacay in Central News Live.
00:21
Angelique, there is good news and bad news about the inflation rate of December 2024
00:31
according to the Philippine Statistic Authority or PSA.
00:35
Angelique, the price of rice is falling despite the rapid rise in inflation rate in the country
00:44
in the past month, according to the PSA.
00:47
According to their statistics, in December 2024, the price of rice increased by only 0.8%
00:56
in this month compared to November 2024, where the price of eggs, dairy products, corn, bread,
01:10
bread and made food, and other food products, according to the PSA.
01:16
The inflation rate of the country is 2.9% in December 2024.
01:21
It increased by a portion compared to November 2024, where it was 2.5%.
01:27
But the inflation rate of December 2024 slowed compared to December 2023, where it was 3.9%.
01:35
According to the PSA, some of the factors affecting the inflation rate in the past month
01:41
are transportation, housing, water, electricity, gas, and other oil products,
01:48
including other vegetables and meat such as chicken.
01:54
We are mixed. We have good news in a way.
01:58
The weight of rice is substantial. So we are seeing a slowdown.
02:01
On the other hand, we are seeing an increase, particularly in vegetables.
02:07
As I said earlier, tomatoes are still increasing.
02:10
So it can handle the weight of vegetables.
02:15
And the critical of course would be the transportation.
02:19
The weekly changes in the price of fuels, diesel and gasoline,
02:26
because our weight is also substantial there.
02:30
Angelica, if we look at the perspective of the bottom-income household,
02:38
the small earners, the inflation rate slowed by 2.5% in December 2024
02:47
compared to November 2024, where it was 2.9%.
02:51
Angelica?
02:52
Alright. Thank you very much, Noel Talacay.
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