Business as usual in QC as inflation increased at 2.5%
John Carlo Magallon · Dec 6, 2024, 9:20 PM
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 MagallonA bustling Commonwealth Market illustrates the resilience of vendors and consumers amid economic pressures and climbing food prices. — John Carlo MagallonFood 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. — John Carlo MagallonOn the contrary, lower annual growth rates were observed for fruits, rice, and other food groups. — John Carlo Magallon