“Philippine inflation rate is around 5.5%”
Philippine president Ferdinand Marcos Jr.
President of the Philippines. Speech before ASEAN dialogue. Claim dated 13 Nov 2022.
FactRakers rated thisMISLEADING
What FactRakers found
No official report that the Philippines' 7.7% inflation rate had gone down to 5.5% at the time of Marcos' speech
Their words, from the summary they publish with the rating.
In short
Philippine president Ferdinand Marcos Jr. (President of the Philippines) made this claim around 13 November 2022. FactRakers (Philippines) looked into it and published its finding on 5 December 2022, 22 days later. Its rating was “MISLEADING”.
Philippine president Ferdinand Marcos Jr. has 3 checked claims in this archive. Fact-checking organisations rated 0 of them false or fake, 3 misleading or mixed and 0 true.
This check was done by FactRakers, not by DoesItStand. We list it so you can find it. Their full evidence and reasoning are in their article.