Palace vows to sustain low inflation and boost jobs

Malacañang affirmed the government's commitment to sustaining low inflation and boosting job creation for Filipinos.

Presidential Communications Office Undersecretary Claire Castro highlighted the effectiveness of current government measures in combating inflationary pressures, citing the National Economic and Development Authority's assessment.

The agency is dedicated to maintaining a low inflation rate and proactively addressing potential price hikes in various commodities.

The Philippine Statistics Authority reported that inflation slowed further to 2.1 percent in February, down from 2.9 percent in January.

Speaker Martin Romualdez lauded the continued drop in inflation, saying it reflects the success of President Marcos' economic team in stabilizing prices and protecting the purchasing power of Filipinos.

He gave assurance that the government remains committed to sustaining this momentum and ensuring that inflation continues to decline, translating to more financial relief for households.