Special Assistant to the President for Investments and Economic Affairs, Secretary Frederick Go, maintained that the Marcos administration is prioritizing measures to sustain the country’s low-inflation environment.
On Friday, the Philippine Statistics Authority (PSA) reported that headline inflation in June rose slightly to 1.4 percent, up from 1.3 percent in May.
This brings the average inflation rate from January to June 2025 to 1.8 percent. In comparison, inflation in June 2024 was significantly higher at 3.7 percent.
“This development reflects the government’s continued efforts to keep costs stable, especially for our most vulnerable sectors. In fact, this June, we recorded a drop of 0.4 percent in prices for the bottom 30 percent of households,” Go said in a Viber message.
According to the PSA, the slight uptrend in inflation was primarily driven by a higher year-on-year increase in the index of housing, water, electricity, gas, and other fuels, which rose to 3.2 percent in June from 2.3 percent in May.
The slower annual decrease in transport costs, from a 2.4 percent decline in May to a 1.6 percent decline in June, also contributed to the rise in inflation.
“Pangunahing layunin ng pamahalaan na panatilihing matatag at abot-kaya ang presyo ng bilihin para sa bawat pamilyang Pilipino. We have tools at our disposal to manage risks and cushion against external shocks,” Go added.