By Brian Campued
The government’s efforts to stabilize food prices amid global economic challenges helped tame the country’s inflation rate to a nearly six-year low, according to Malacañang.
In a press briefing in New Delhi on Tuesday during the sidelines of President Ferdinand R. Marcos Jr.’s five-day state visit to India, Presidential Communications Office (PCO) Undersecretary and Palace Press Officer Claire Castro welcomed the 0.9% inflation rate in July 2025—the lowest data recorded since October 2019.
She noted the President’s directives to prioritize interventions to reduce prices of rice and other food items through intensified price monitoring and increased local production.
“Magandang balita po ito at parang nagkaroon ng magic dahil mahirap po talaga sa panahon po ngayon na ang dami-dami pong sirkumstansya na maaaring makaapekto sa pag-presyo ng mga produkto,” Castro said.
Despite global issues that cause economic shocks, such as conflicts in the Middle East and Europe as well as the sweeping tariffs imposed by the United States, Malacañang stressed that national government agencies, local government units, and the private sector must continue working together to sustain the decreasing trend.
“So magtulungan po tayo. ‘Yan ang nais po ng Pangulo. Lahat po tayo magtulungan para po mas gumanda pa rin po ang ekonomiya ng ating bansa,” Castro said.
-av
