“The increase in the country's 8.1% inflation rate posted in December 2022 is slowing.”
What Vera Files found
While there was indeed a slowdown in the country’s inflation rate in the last month of 2022, it is still the highest recorded since the 9.1% posted in November 2008. It is also the fastest in 14 years, financial data and media company Bloomberg reported on Jan. 5.
Their words, from the summary they publish with the rating.
In short
Ferdinand “Bongbong” Marcos Jr. made this claim around 5 January 2023. Vera Files (Philippines) looked into it and published its finding on 16 January 2023, 11 days later. Its rating was “Needs context”.
Ferdinand “Bongbong” Marcos Jr. has 31 checked claims in this archive. Fact-checking organisations rated 11 of them false or fake, 20 misleading or mixed and 0 true.
Where the claim appeared
- ops.gov.phhttps://ops.gov.ph/presidential-speech/president-ferdinand-r-marcos-jr-at-the-kapihan-wit…
Links recorded by Vera Files. Some posts may have been deleted since.
This check was done by Vera Files, not by DoesItStand. We list it so you can find it. Their full evidence and reasoning are in their article.