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NewsTranscript
00:00After the rapid increase in the price of goods since January and the 4.4% inflation in July,
00:12the price of goods has slowed to just 3.3% in August.
00:17The slowdown in the price of food such as rice and the drop in the price of vegetables and fish
00:24has also helped to lower the price of oil and shipping.
00:29However, according to the Philippine Statistics Authority,
00:32it is expected that the next bad weather will have an effect on the price of some agricultural products.
00:39President Bongbong Marcos was pleased with the decrease in inflation
00:43which was a result of the concrete steps of his administration.
00:47The Philippine and China officials agreed to continue the talks
00:51after the next aggressive and dangerous actions of the China Coast Guard in the West Philippine Sea.
00:58According to DFA Secretary Enrique Manalo,
01:01China will host the next round of the Bicameral Consultations Mechanism.
01:06It will take place in Beijing this month.
01:09Cesar Chavez was appointed as the new Secretary of the Presidential Communications Office.
01:14Before his appointment, Chavez served as Presidential Assistant for Strategic Communications
01:20under the Office of the President.
01:23Chavez also served as the Undersecretary of the Department of Transportation.
01:27Chavez was replaced by Cheloy Garafil,
01:30who was appointed as the Head of the Manila Economic and Cultural Office, Omeco,
01:34which is based in Taiwan.
01:36For GMA Integrated News, Bernadette Reyes is your witness.
01:42My fellow Filipinos, let's be witnesses together.
01:45Subscribe to GMA Integrated News on YouTube
01:48and for those who are watching from abroad,
01:50join us on GMA Pinoy TV and www.gmanews.tv.