The economy is fine, it's just that outside factors are affecting it, said President Bongbong Marcos in a speech at a distribution of government assistance to various sectors in Talisay City, Negros Occidental on 23, October.

He explained the current inflation, or the increasing prices of basic commodities and utilities, is caused by problems of other countries which affect us.

"Yung ekonomiya ng Pilipinas maayos naman. Ang problema lahat ng ating mga kasama, lahat ng ating ka-negosyo sabihin natin na iba't ibang bansa ay nagkakaproblema, nadadala sa atin yung problema din," said Marcos.

"Kaya't kailangan natin mag-adjust, kailangan nating gumawa ng ibang paraan."