Statement of Trade and Industry Secretary Fred Pascual on the PSA report on the December 2023 inflation rate

The decline in the Philippines’ inflation rate from 4.1% in November 2023 to 3.9% in December 2023, as the Philippine Statistics Authority recently reported, marks the lowest recorded rate for the year and highlights the effectiveness of our current administration’s economic recovery initiatives. This downward trend indicates our steadfast commitment to fostering a conducive business continue reading : Statement of Trade and Industry Secretary Fred Pascual on the PSA report on the December 2023 inflation rate

Trade chief: PH 2.5% inflation rate still within government’s target

MANILA—Department of Trade and Industry (DTI) Secretary Ramon Lopez said the increase in the country’s inflation rate to 2.5% in October from 2.3% in the previous month is still within the lower end of the government’s target of 2-4% for the year.  “With the supply issues on fish and pork products, continued pressure in production continue reading : Trade chief: PH 2.5% inflation rate still within government’s target

Prices of agricultural products now down to most reasonable level, says DTI

In its monitoring today at the Commonwealth Market and various supermarkets in Quezon City, the Department of Trade and Industry (DTI) found that prices of agricultural products dipped to its most reasonable level while manufactured basic necessities and prime commodities are pegged at their Suggested Retail Prices (SRPs) or even lower. The decline in the continue reading : Prices of agricultural products now down to most reasonable level, says DTI