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MALACAÑANG expects inflation to ease after the ongoing harvest season, which is expected to increase rice supply.
The PCO issued a statement after government statisticians reported that September inflation accelerated to 6.1 percent from 5.3 percent in August. This despite the government’s imposition of a month-long P41 per kilogram price ceiling for regular milled rice and P45 per kg for well-milled rice . The said interventions include the digital Food Stamp Program, fuel subsidies, and targeted assistance for farmers.
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Palace gears up for annual observance of Elderly WeekMalacañang encourages national government agencies (NGAs) and local government units to support senior citizen activities during the annual celebration of
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Despite price caps, rice inflation fastest in 14 yearsInflation for rice posted its fastest increase in 14 years, even as the government imposed caps on regular milled and well-milled rice last month, according to Philippine Statistics Authority data.
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Pork prices stable amid expected high demand \u2013 groupThe retail prices of pork should not increase despite the expected demand for more meat products this upcoming Christmas season, according to farmers\u2019 group Samahang Industriya ng Agrikultura.
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PSA: Inflation rises to 6.1 Percent in SeptemberInflation accelerated for the second month in September, driven by faster increases in food prices particularly rice, according to the Philippine Statistics Authority.
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