MANILA, Philippines — An announcement saying that inflation rates went down has no effect on the majority of Filipinos who are wallowing in poverty. This was the reaction of Alliance of Concerned Teachers party-list Representative France Castro. She was referring to a report of the Philippine Statistics Authority that inflation rate for April had decreased from 7.6 percent in March 2023 to 6.6 percent in April. Castro said poor families cannot feel any comfort from these figures because the salaries remain low.

https://newsinfo.inquirer.net/1765284/effect-of-lower-inflation-rates-on-the-poor-downplayed

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