A peanut store in Carbon Public Market, primarily managed by Nathaniel Lamatao, 55. | CDN File photo by Niña Mae Oliverio CEBU CITY, Philippines — The country's inflation rose to 5.3 percent in August, according to the report of the Philippine Statistics Authority. So how does the inflation, defined as the rate of increase in prices over a given period of time, affect local traders? Ukay-ukay For thrift clothes (ukay-ukay) seller, Joan Apit, 45, she said during pre-pandemic time, she could buy a bale of second-hand jeans weighing 100 kilos for P8,000-P9,000.

https://cebudailynews.inquirer.net/526045/inflation-rising-prices-of-products-concern-local-traders

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