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Fish aggregating devices tapped to help fisherfolk manage costs

Fish aggregating devices tapped to help fisherfolk manage costs
bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.

DA-BFAR vows stable price, ample supply of fish in markets

DA-BFAR vows stable price, ample supply of fish in markets
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DA-BFAR vows stable price, ample supply of fish in markets

DA-BFAR vows stable price, ample supply of fish in markets
pna.gov.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pna.gov.ph Daily Mail and Mail on Sunday newspapers.

DA-BFAR vows stable price, ample supply of fish in markets

(File photo) MANILA - The recorded inflation for fish and other seafood commodities has decreased from 9.2 percent in July to 7.2 percent in August 2022 based on the recent data released by the Philippine Statistics Authority. The same report has indicated an ease in national food inflation to 6.5 percent in August from the previous month's 7.1 percent. Inflation in the bottom 30 percent income households has likewise slowed from 6.1 percent in July to 5.7 percent in the following month. In this demographic, the inflation for fish and other seafood commodities has also decreased from 8.4 percent to 5.5 percent during the said months. Among the factors attributed to its decline is the decrease in the prices of oil, a commodity which the fisheries sector, especially capture fisheries, is generally dependent on. With the prices of oil gradually decreasing, more fishers were able to venture out to the sea to fish. The Department of Agriculture-Bureau of Fisheries and Aquatic Resources

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