Higher rice prices keep inflation simmering in Asia

TOKYO -- Inflation continues to simmer in many Asian countries largely due to higher prices of rice and other food items. Increases in food prices account for 50% to 70% of inflation in the Philippines and India. Prices of rice, a regional staple, have soared due to poor harvests caused by extreme…#tokyo #philippines
Source: Reuters: Health - Category: Consumer Health News Source Type: news