Inflation or prices of goods increased

Infl ati on is the rate of increase in prices over a given period of ti me. Infl ati on is typically a
broad measure, such as the overall increase in prices or the increase in the cost of living
in a country. And as for me, I’m against with it because they keep increasing the prices
every year

Nati onal Stati sti cian Undersecretary Dennis Mapa said this was caused by the rapid
increase in the price of foods such as vegetables, fi sh and refi ned sugar. House rent
charges, water charges, electricity, gas and other petroleum products also increased.
According to PSA, this is not yet the expected peak or highest infl ati on rate this year. He
said it is expected that the price of goods will increase in the next three months due to
the eff ect of typhoon Karding especially on rice fi elds and the weakening of the peso
against the dollar. High prices of basic goods blamed by supermarket owners on
manufacturers. The Philippine Amalgamated Supermarket Associati on pointed to the
manufacturers as the reason for the increase in the price of basic goods which also
increases the infl ati on rate in the country. In the Diretsahang Pananaw media forum at
the Quezon City Sports Club, Philippine Amalgamated Supermarket Associati on President
Steven Cua said that the control over the price of goods is not in the hands of the
supermarket owners, but in the dictates of the manufacturers. According to Cua, the
implementati on of the Suggested Retail Price or SRP by the Department of Trade and
Industry or DTI even the price freeze on prime commoditi es during emergencies and
calamiti es is only temporary relief for consumers.

Why did i pick infl ati on or prices of good increased because other people or family have
problem with it because they keep changing the prices every year or something that
changes the prices. And for my family have problem with it because the price get higher
and higher that you cannot buy it in the shop.