The Samahang Industriya ng Agrikultura (SINAG) on Thursday denounced the country’s latest inflation print, as it said the latest figures show that imports did not address high prices.
The Samahang Industriya ng Agrikultura on Thursday denounced the country’s latest inflation print, as it said the latest figures show that imports did not address high prices.headline inflation at 7.6% in March
Core inflation which excludes selected food and energy items, however, climbed to 8.0% or the highest since March 1999’s 8.1%. “Precisely dahil umasa na lang tayo sa imports, especially the last three years, hindi natugunan ‘yung pagtulong sa local rice farmers in terms of reducing their cost of producing palay,” it added.
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