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DA: Rice, vegetable prices to rise by up to 20% due to Typhoon Karding’s wrath

DA: Rice, vegetable prices to rise by up to 20% due to Typhoon Karding's wrath
(CNN Philippines) Metro Manila — Filipinos could soon pay more for farm products after Typhoon Karding wreaked havoc on the country’s agricultural regions, the Department of Agriculture (DA) said.

“Maaring magkaroon ng pagtaas lalong-lalo na sa palay at gulay sapagkat ito’y matinding tinamaan sa Central Luzon. Kaya maaaring tumaas from 15% to 20% ang ating presyo ng kalakalan sa palengke,” said DA Senior Undersecretary Domingo Panganiban in a government briefing on Thursday.

[Translation: There could be a price increase especially for rice and vegetables as these were badly hit in Central Luzon. That’s why prices could go up from 15% to 20% in our markets.]

Agricultural damage and losses caused by the typhoon crossed the ₱2-billion mark as of Thursday, with rice accounting for over half of the amount… Read More

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