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Rice stocks down by 7.8% in June, PSA says

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The Philippine Statistics Authority says the country’s rice inventory declines by 7.8 percent in June from the previous year as households hold more stocks, while inventories in commercial warehouses and NFA decline.

The country’s rice inventory declined by 7.8 percent in June from the previous year, the Philippine Statistics Authority said.

Moreover, household stocks grew 19.8 percent from the previous year, while stocks in commercial warehouses and NFA both declined by 10.7 percent and 54.9 percent, respectively.

 

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