“The uptick in inflation to 2.4 percent in February highlights the need for the government to prepare for the possible long-term impact of the escalating conflict in the Middle East on the prices of basic commodities.
I call on the Department of Trade and Industry and the Department of Agriculture to closely monitor the supply and retail prices of basic goods. Given expectations of higher oil prices, these agencies should stand ready to curb unwarranted price increases and profiteering to protect the interests and welfare of ordinary consumers.
Pataas na nga nang pataas ang presyo ng produktong petrolyo, hwag nating hayaang madagdagan pa ang pasanin ng ating mga kababayan.”
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Photo by Mark Cayabyab / OS WIN GATCHALIAN