MANILA, Dec. 5 -- Malacanang on Friday welcomed the slowdown in headline inflation to 1.5 percent in November, viewing it as a positive sign for the country's economic recovery.

In a statement, Executive Secretary Ralph Recto said Filipinos can expect a stronger and more resilient economy in the coming months as the government keeps inflation under control while strengthening governance measures to boost investor confidence.

"Better days are coming. Makakaasa po ang bawat Pilipino ng mas malakas at mas matatag na ekonomiya sa mga darating na buwan dahil sa tiwala at mas tapat na pamamahala (Every Filipino can expect a stronger and more resilient economy in the coming months due to trust and more honest governance). We will make a strong...