MANILA -- Rice prices in the Philippines continued to rise in January despite slowing overall inflation, with El Nino and India's export ban promising to exacerbate the trend in the coming months.
Inflation
Philippine rice inflation hits highest level since 2009
Overall price growth down but global conditions cause food costs to climb
Farmers plant rice seedlings that are part of a breeding program for late-maturing varieties, at the International Rice Research Institute, in Los Banos, Laguna province, Philippines on Jan. 18, 2023. © Reuters
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