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Tututukan ‘yan! Roque: Gov’t addressing inflation

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By Prince Golez

Malacanang said steps are being taken to address the rising inflation in the country.

“The Administration is taking steps to address the challenges, particularly rising prices, faced by Filipino families,” presidential spokesperson Harry Roque Jr. said on Wednesday.

The inflation rate of the prices of basic goods and services in the Philippines jumped to a nine-year high of 6.4 percent, according to the Philippine Statistics Authority. It exceeded the Bangko Sentral ng Pilipinas’ and the Department of Finance’s projection of 5.9 percent and 5.8 percent, respectively.

“The President’s economic team continues to monitor inflation with vigilance as government takes action to assist the poor while keeping the macroeconomy stable,” Roque said.