This was attributed mainly to the slower growth in the prices of corn, fruits and vegetables and meat. Slower increases were seen in the prices of food, beverage and tobacco as well as in utilities. Compared with September, flat growth was seen in the prices of food, beverage and tobacco, while slower growth was seen in fuel, light and water. Among the food groups, slower growth in prices was seen for corn, fruits and vegetables and meat. ?He noted that “with such a small window, the decline in inflation rate will hardly make a dent on market prices before it starts rising again.” – With Ding Cervantes

Source: Philippine Star December 07, 2018 16:49 UTC