How to reduce the impact of food inflation on your budget

IF you've been to the wet market and grocery store recently, you may have noticed that the prices of some of your favorite items have gone up. This is due to a phenomenon known as food inflation, and it's a problem that's affecting countries all over the world — including the Philippines.

Food inflation is defined as a sustained increase in the prices of food items. It can be caused by a number of factors, including the rise in fuel prices, the weakening of local currencies, and bad weather conditions that disrupt the supply of food.