‘Inflation self-inflicted, not caused by Trump’ - News Summed Up

‘Inflation self-inflicted, not caused by Trump’


MANILA, Philippines — US President Donald Trump and other global factors should not be blamed for the Philippines’ accelerating inflation, which is largely triggered by the Duterte administration’s policies, Senate President Pro Tempore Ralph Recto said yesterday. A big part of our inflation problem is self-inflicted. “That (argument) could have been good if other countries in the Asean (Association of Southeast Asian Nations) also have high inflation. Cabinet meeting on inflationDuterte will tackle inflation and rice supply during the regular Cabinet meeting at Malacañang today. The President also stressed that no administration had not experience a rise in inflation rate.


Source: Philippine Star September 09, 2018 15:33 UTC



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