The higher inflation rate recorded in December calls for an improved production of agricultural products in the country, President Ferdinand “Bongbong” Marcos Jr. said.
An inflation rate of 8.1 percent was recorded in December, 2022, which is .1 percent higher than the one recorded in November.
“At least 8.1, nag-increase lang ng .1 and the rate of increase is slowing. It’s still agricultural products: 38 percent, 11 percent is fuel, 38 percent is agricultural products pa rin,” Marcos said during an interview with the Philippine media delegation on Thursday, Jan. 5. “Kaya’t kailangan talagang ayusin yung production natin kasi import tayo nang import kaya yung inflation dun sa ini-import-an natin ay nadadala dito sa Pilipinas ,” Marcos said.
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