Marcos credits price cap for controlling rice inflation; Agri exec sees stable supply

President Ferdinand Marcos Jr. on Saturday said the mandated price ceiling for rice that was in place for about a month has helped stabilize the prices of the staple in the market.

The President emphasized that he is more concerned about the movement of prices of basic goods in the market than the movement of his ratings in the recent Pulse Asia survey. Meanwhile, a Department of Agriculture official on Saturday said the agency sees no pending price movement as the Philippines has been able to secure enough rice supply.

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