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CALAPAN CITY, Oriental Mindoro — Rice inflation in Occidental Mindoro slowed significantly to 13.7 percent in July from 17.8 percent in June, according to the Philippine Statistics Authority (PSA).
In the July Inflation Report, Supervising Statistical Specialist Creissa Anne Untalan of the PSA in Occidental Mindoro cited easing fuel costs as a key factor behind the deceleration. to
“Our researchers’ feedback shows the rate of price increases slowed this July… possibly due to logistics — the rise in fuel prices has also slowed, and fuel is a key input in transporting rice,” Untalan said.
READ: Oriental Mindoro inflation eases to 7.4 percent in July
