Food price inflation moderates somewhat in October

Inflation on food and non-alcoholic beverages (NAB) for October was 6.1%, a slight moderation from September levels. Among food categories that exhibited the most significant inflation, oils and fats increased by 20.9% year-on-year, meat by 9.1% and vegetables by 7.2%, mainly driven by high global commodity prices and rising input costs, the Bureau for Food and Agricultural Policy (BFAP) says.

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