Norobiik @[email protected]Apr 5, 2024

#MANILA, #Philippines – #Rice, the staple that feeds millions of households in the Philippines, is nearing an all-time #HighInflation rate that may soon be breached as #RicePrices are expected to go up “strongly” until the middle of 2024.

National Statistician Dennis Mapa expects #RiceInflation to 'increase strongly' until July, driven by a tight supply in the world market, the effects of #ElNiño, and base effects

https://www.rappler.com/business/high-rice-inflation-until-july-2024-market-price-going-up/

High rice inflation could linger until July as market prices keep going up

National Statistician Dennis Mapa expects rice inflation to 'increase strongly' until July, driven by a tight supply in the world market, the effects of El Niño, and base effects

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