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Gov’t must address high food prices despite eased inflation —Pangilinan
Former Senator Francis "Kiko" Pangilinan urged the government to tackle the issue of high rice prices, even as the country's inflation rate continues to decline.
Pangilinan highlighted that despite lower inflation, food prices remain elevated, impacting the purchasing power of ordinary Filipinos.
He emphasized that the current daily minimum wage is insufficient to cover basic necessities, let alone expenses like utilities and medicine.
The former senator suggested that controlling the per-kilogram price of rice, which currently ranges from P46.09 to P62.15, would significantly aid the populace.
Pangilinan stated that addressing rice inflation is crucial for managing overall nationwide inflation.
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Inflation in the Philippines significantly slowed to 1.8% in March 2025, the lowest in nearly five years, driven largely by a decrease in rice prices.
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