MANILA, Philippines — House Speaker Ferdinand Martin Romualdez said that the lower headline inflation rates registered for November — at 4.1 percent — is indicative of the current administration’s commitment to address the high prices of goods. In a statement on Tuesday, Romualdez said that the lower figures is a testament to the efforts of President Ferdinand Marcos Jr.’s administration, especially considering that the inflation rate in January 2023 was at 8.7 percent. Earlier, the Philippine Statistics Authority (PSA) said that the 4.1 percent inflation rate was lower than October’s 4.9 percent, and was driven by lower prices of food and non-alcoholic beverages, along with a decrease in the transportation costs. “This recent development is a testament to the collective…
