Year-on-year, average tricycle fare in the National Capital Region last month jumped 129 percent, Mapa said.
In the case of oil products, they still posted a deflation or lower prices compared to a year ago levels of 15.1 percent, although a slower decline than May’s 28.8 percent. “The transport index, specifically, tricycle fare index, which registered an annual increase of 4.8 percent during the month, from its annual rate of negative 2.3 percent in May, pushed up the June inflation for the bottom 30-percent income households,” the PSA said.
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