Marcos welcomes 3.3% August inflation, cites gov't measures

President Ferdinand Marcos Jr. welcomed the easing of the Philippine inflation rate to 3.3 percent in August, citing government measures aimed at reducing food costs for Filipinos.

Among these measures are reduced rice tariffs that brought down rice inflation from 20.9% to 14.7%, and eased meat inflation from 4.8% to 4.0%

Marcos also vowed to expand the Kadiwa ng Pangulo program in the Visayas and Mindanao regions to ensure affordable basic goods for Filipinos.

The President further mentioned the rollout of an African Swine Fever vaccine to maintain sufficient pork supply and prevent price increases in meat.

Efforts are being made to stabilize transportation and gasoline costs, ensuring that quality jobs and cheap goods remain available for all Filipinos.

Marcos emphasized these steps as concrete actions towards achieving a more affordable cost of living for every Filipino.

The President pledged to continue working on measures to uplift the lives of every Filipino.