Taming inflation a Marcos priority - News Summed Up

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Taming inflation a Marcos priority


FIGHTING inflation is a top economic priority for President Ferdinand "Bongbong" Marcos Jr., anticipating it as a "potential problem" for the country, a Malacañang official said on Tuesday. Press Secretary Rose Beatrix "Trixie" Cruz-Angeles made the statement upon the release of the latest Pulse Asia survey results showing that the topmost urgent national concern that the majority of Filipinos want Marcos to address is controlling inflation. The Pulse Asia survey results released also on Tuesday showed that 57 percent of the respondents are concerned about the need to control the increase in the prices of basic goods and services. It said inflation was the most urgent national concern of those from Metro Manila (67 percent), those from Mindanao (69 percent), and those belonging to socioeconomic classes D and E (58 and 62 percent, respectively). The Pulse Asia survey noted that two years after the first lockdown triggered by the Covid-19 pandemic, only 7 percent of those polled said it is urgent for the Marcos administration to control the spread of the virus.


Source: Manila Times July 13, 2022 09:45 UTC



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