Shares of General Mills tumbled 7 percent Tuesday after the Cheerios maker slashed its full-year sales and profit outlook, blaming stubborn inflation and a “challenging” consumer backdrop for squeezing volumes.
Food prices are beginning to stir, hinting at fresh inflationary pressure, according to the latest price situationer released by the Philippine Statistics Authority (PSA).
Inflation in the Philippines has a familiar villain. Every few years, prices surge, household budgets snap, and policymakers reach for the same lever that raises interest rates. But new research suggests they may be shadowboxing the wrong enemy.
Headline inflation accelerated to 1.8 percent in December 2025, its fastest pace since March last year, as higher food prices and quicker increases in clothing and footwear pushed overall prices up, government data showed. The latest figure marked a rebound from November’s slower pace but remained well below December 2024’s 2.9 percent, highlighting easing price pressures over the year.
Ashfall and ongoing volcanic activity from Mayon Volcano have damaged farms in Albay, affecting hundreds of farmers and causing millions of pesos in losses, according to the Department of Agriculture (DA).
The Department of Agriculture (DA) has set aside P2.5 billion for a farm-to-market road network in Sultan Kudarat to help expand coffee production and improve access to remote farming areas.
The Philippines and Vietnam have strengthened their agricultural partnership by securing a major rice supply agreement during talks held on the sidelines of the ASEAN Summit in Cebu.