No images? Click here No end in sight for inflationThere's nothing more pleasing than a well-made graph. Each week, we look into the details of a graph that has caught our attention. Get it in your inbox every Monday. 🍚 Data from the Department of Agriculture (DA) show that the price of sugar has risen substantially from P46 per kilo in September 2021 to P82 per kilo this year. Meanwhile, the price of rice has remained relatively stable. 🍚 Despite shortage fears, the price of chicken has improved, going down from P185 per kilo in September 2021 to P140 per kilo this year. Last August, the DA lifted the temporary ban on the importation of poultry meat and related products. 🍚 With high oil prices and the continuing depreciation of the peso, the prices of basic goods are still expected to go up. Related storiesPeso slides to new low; stocks drop as investors take in Fed, BSP rate hikes Sugar prices seen to fall further Poultry, swine sectors slowly winning battle vs animal diseases Hi Edward,Has this newsletter helped you in any way? We welcome your feedback. Feel free to leave us a note in our suggestion box. |
Sunday, September 25, 2022
In Graphic Detail: Basic Commodities
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