Secretary Emmanuel Piolof the Department of Agriculture (DA) on Thursdaycontradicted the government's report, saying the agriculture sector did not cause the increase in the country's inflation in the recent months. During DA's budget briefing at the House of Representatives, Piol clarified that the price of rice was "just reacting to inflation." The Secretary also attributed inflation to the high cost of fuel, which he said increased farmer's cost of production. Piol said, inflation, as well as "very high inputs and very low production of rice," and insufficient irrigation facilities, has caused the increase in the prices of rice. The Philippine Statistics Auth...
Keep on reading: Piñol clarifies gov’t report on inflation, rising prices of rice
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