Live Breaking News & Updates on Aya Meron Tayong Ginagawang Ganito Para Makabawi Naman Doon Sa Pagtaas Ng Presyo We Could Not Control The Other Elements Of Inflation

(PNA file photo) MANILA - There is no need to ask for special powers to ease inflation, President Ferdinand R. Marcos Jr. said Wednesday, noting that several interventions are already in place to manage the prices of basic commodities. Marcos made the remark a day after the Bangko Sentral ng Pilipinas (BSP) reported that the country's headline inflation could surpass the 9 percent level in February because of high prices of cooking gas and key food items. "I do not think that it is necessary to ask for special powers," he said in a chance interview on the sidelines of an event at the Rizal Park, when asked if he is considering asking Congress to grant him special powers to curb inflation. "I already have the power to declare an emergency and to control the prices of commodities. So, I don't think there's any need for more than that. That is efficient," he added. On Tuesday, the BSP said the inflation rate in February may fall within the range of 8.5 to 9 ....

Rizal Park , Arsenio Balisacan , Ferdinandr Marcos Jr , Martin Romualdez , Bangko Sentral , President Ferdinand , House Speaker Martin Romualdez , Planning Secretary Arsenio Balisacan , Na File Photo Manila There Is No Need To Ask For Special Powers Ease Inflation , Resident Ferdinandr Marcos Jr Said Wednesday , Oting That Several Interventions Are Already In Place To Manage The Prices Of Basic Commodities Marcos Made Remarka Day After Bangko Sentral Ng Pilipinas Bsp Reported Country 39s Headline Inflation Could Surpass 9 Percent Level February Because High Cooking Gas And Key Food Items Quoti Do Not Think It Is Necessary Ask For Special Powers , Uot He Said Ina Chance Interview On The Sidelines Of An Event At Rizal Park , Hen Asked If He Is Considering Asking Congress To Grant Him Special Powers Curb Inflation Quoti Already Have The Power Declare An Emergency And Control Prices Of Commodities So , I Don 39t Think There 39s Any Need For More Than That Is Efficient , Uot He Added On Tuesday , He Bsp Said The Inflation Rate In February May Fall Within Range Of 8 5 To 9 3 Percent , Iting The Upside Risks From Higher Prices Of Cooking Gas And Food Items Such As Pork , Nd Sugar Despite The Bsp 39s Latest Forecast , Arcos Remained Bullish That Consumer Prices Would Go Down , Aying His Administration Is Exhausting All Efforts To Boost The Supply Of Agricultural Products Quot Other Elements Inflation Hindi Natin Masyado Ma Control , Aya Meron Tayong Ginagawang Ganito Para Makabawi Naman Doon Sa Pagtaas Ng Presyo We Could Not Control The Other Elements Of Inflation , Hat 39s Why We Are Makinga Way To Address The Rise In Prices Of Basic Commodities , Uot He Said Several Lawmakers , Ncluding House Speaker Martin Romualdez , Ave Expressed Openness To Granting Marcos Special Powers Curtail Inflation In January , Nflation Accelerated Further To 8 7 Percent From 1 Posted In December 2022 Socioeconomic Planning Secretary Arsenio Balisacan Earlier Said The Marcos Administration Is Focused On Helping Individuals Poor And Vulnerable Sectors Who Are Bearing Brunt Of Increasing Prices Basic Commodities Also Government Has Identified Measures Keep Food Price Movements ,