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Malacañang said Sunday that the National Commission for Wages and Productivity (NWPC) was currently holding public hearings on wage increases between employer groups and workers.
"We hope that a decision acceptable to both parties will soon be taken," said the spokesman for President Salvador Panelo in a statement.
Meanwhile, Panelo said the government had "taken decisive action to control inflation" for the moment.
"Our people are beginning to feel the effects of the rice price that is starting to decline and yesterday again, the suggested retail price program and the prescribed labeling of ground rice were initiated by the Ministry of Agriculture and Agriculture. the Ministry of Commerce. and the industry to protect consumers from profiteers, "he said.
The palace official also assured that the president's office and the relevant government agencies "will closely monitor inflation to ensure that our economy will continue to benefit the Filipino people."
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