A Pulse Asia survey held from June 24 to 27 revealed that 57 percent of Filipinos want the Marcos administration to make immediate steps to ease inflation.

The Philippines’ inflation for June 2022 soared to a three-year high of 6.1 percent from 5.4 percent in May and 3.7 in 2021, according to the data released by the Philippine Statistics Authority. 

President Ferdinand “Bongbong” Marcos, Jr. stressed that the country’s rising inflation warrants careful handling and close monitoring.

Marcos said that he has directed all government offices to follow the “central policy” that will be crafted by his economic team.

Press Secretary Trixie Cruz-Angeles said that in the first Cabinet meeting on July 5, Marcos discussed several initiatives to tame the rise in consumer prices. She added that the President was aware that the increase in the country’s inflation could be a “potential problem.”.

“We actually discussed inflation at the last Cabinet meeting and the President himself reported this, so he is actually ahead of the publication of the survey having anticipated this as a potential problem,” she said in a text message sent to Palace reporters.

Marcos discussed several initiatives to respond to the rise in consumer prices, Cruz-Angeles said. 

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