CITY OF SAN FERNANDO -- Central Luzon has registered the lowest inflation rate in September this year, compared to other regions in the Philippines.
According to Department of Trade and Industry (DTI) Regional Director Judith Angeles, Central Luzon’s inflation rate remains to be the lowest in the country at 4.5 percent last month.
“Based on the records of the Philippine Statistics Authority, the inflation rate in the country for September is 6.7 percent or 0.3 percent higher than the 6.4 percent inflation rate in August,” Angeles said.
She furthered that the DTI will ensure the sufficient supply of basic and prime commodities and that prices are stable.
“The DTI has intensified its monitoring activities nationwide including rice and agricultural products, especially in wet markets,” noted Angeles.
She disclosed that DTI already met with rice millers in Bulacan, the United Broilers Association and the Pork Producers Federation of the Philippines to make sure that supply of food and meat are sufficient along with reasonable and stable prices.
“Our provincial offices in Central Luzon have already been instructed to coordinate with the Local Price Coordinating Council to assess the price and supply situation in their respective localities and to ensure that local government units support the effort of DTI in mitigating the effects of the rising inflation rate in the country,” Angeles added.