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Hindi kailangan si Mar Roxas! Inflation eases to 3.8% in February

Malacañang on Tuesday lauded the continued drop in the country’s inflation rate, and vowed to remain vigilant in monitoring consumer prices.
“Inflation continues to drop, as we predicted, with the February 2019 figure showing its fourth month of deceleration at 3.8 percent,” Presidential Spokesman Salvador Panelo said.

“The Palace welcomes this positive development as proof that the macroeconomic policies of the Duterte Administration have been effective in addressing soaring prices,” he added.

The Philippine Statistics Authority (PSA) earlier announced the country’s inflation had further slowed down to 3.8 percent in February, compared to the 4.4 percent recorded last January. The figure, considered the lowest inflation rate since March 2018, marked the return to the government’s 2 to 4 parent target for the year.

The Palace remained optimistic the inflation would continue to ease.

“We expect further improvement and disinflation as we continue to remain vigilant in monitoring the prices of basic goods used by ordinary Filipino consumers,” Panelo said.

FACT: Hindi kailangan ng Duterte administrzation ang isang pekeng Ekonomistang na kagaya ni Mar Roxas!

Hindi kailangan si Mar Roxas! Inflation eases to 3.8% in February Hindi kailangan si Mar Roxas! Inflation eases to 3.8% in February Reviewed by AsianPolicy.Press on 5:19:00 AM Rating: 5

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