MANILA - Ensuring the continued reopening of the economy will benefit domestic inflation rate, which further slowed down to 3 percent in January 2022, an official of National Economic and Development Authority (NEDA) said on Friday. The sustained deceleration of domestic rate of price increases in January, from month ago's 3.2 percent, is among the positive economic developments in the domestic economy to date, according to NEDA Undersecretary Rosemarie Edillon during the Palace virtual briefing "Going forward ang pinaka, kumbaga robust na na-move talaga natin is to revive the economy kasi kapag marami ang magpo-produce, magkakaroon tayo ng maraming supply. Ito talaga ang magpapa-stable ng ating mga presyo (Going forward, our most robust move is to revive the economy because if there will be strong production activities then there will be more supply. This will help stable our prices)," she said. Citing latest inflation data, Edillon said meat inflation and fish inflation
MANILA - Ensuring the continued reopening of the economy will benefit domestic inflation rate, which further slowed down to 3 percent in January 2022, an official of National Economic and Development Authority (NEDA) said on Friday. The sustained deceleration of domestic rate of price increases in January, from month ago's 3.2 percent, is among the positive economic developments in the domestic economy to date, according to NEDA Undersecretary Rosemarie Edillon during the Palace virtual briefing "Going forward ang pinaka, kumbaga robust na na-move talaga natin is to revive the economy kasi kapag marami ang magpo-produce, magkakaroon tayo ng maraming supply. Ito talaga ang magpapa-stable ng ating mga presyo (Going forward, our most robust move is to revive the economy because if there will be strong production activities then there will be more supply. This will help stable our prices)," she said. Citing latest inflation data, Edillon said price increases of meat and fish