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MANILA, Philippines — President Ferdinand Marcos Jr.’s penultimate State of the Nation Address (Sona) came at a time when Filipino households remain vulnerable to forces well beyond the country’s control.
Although inflation has moderated from previous highs, food, electricity and transportation remain major household expenses. The US-Iran conflict has also renewed concerns over global oil prices, highlighting how geopolitical events can quickly influence domestic fuel costs and, eventually, the prices of goods and services.
READ: PH 2026 inflation forecast cut to 5.1%
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