House Speaker Martin Romualdez expressed optimism as the country's inflation rate declined to 2.1 percent in February from 2.9 percent in January.
Romualdez lauded President Ferdinand R. Marcos Jr.'s economic team for stabilizing prices, ensuring food security, and protecting the purchasing power of Filipinos.
He attributed the positive economic trend to sound leadership, strong policies, and the resilience of the Filipino people.
The House of Representatives will support these efforts by passing laws aimed at lowering food costs, ensuring stable energy prices, and creating jobs.
Albay Rep. Joey Salceda highlighted the decline in rice prices as a key factor in easing inflation.
Romualdez vowed that the government would continue working to ensure the downward trend in inflation leads to more savings and an improved quality of life for every Filipino.
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