Scenes at Commonwealth Market in Quezon City today, 6 December.
According to data from the Philippine Statistics Authority, inflation accelerated to 2.5% in November after a series of storms drove up the prices of several food items. John Carlo Magallon
A bustling Commonwealth Market illustrates the resilience of vendors and consumers amid economic pressures and climbing food prices.Food inflation at the national level rose to 3.5% in November 2024 from 3% last month. Chicken and other meat products are one of the main contributors to the food inflation. On the contrary, lower annual growth rates were observed for fruits, rice, and other food groups.