{"id":49247,"date":"2015-05-13T16:35:41","date_gmt":"2015-05-13T08:35:41","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=49247"},"modified":"2015-05-13T16:35:41","modified_gmt":"2015-05-13T08:35:41","slug":"business-leader-fuel-price-hike-can-result-to-food-price-increase","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2015\/05\/13\/business-leader-fuel-price-hike-can-result-to-food-price-increase\/","title":{"rendered":"Business leader: Fuel price hike can result to food price increase"},"content":{"rendered":"<figure id=\"attachment_9997\" aria-describedby=\"caption-attachment-9997\" style=\"width: 1000px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2014\/05\/oil-fuel.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-9997\" src=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2014\/05\/oil-fuel.jpg\" alt=\"ShutterStock \" width=\"1000\" height=\"667\" srcset=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2014\/05\/oil-fuel.jpg 1000w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2014\/05\/oil-fuel-300x200.jpg 300w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2014\/05\/oil-fuel-600x400.jpg 600w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><\/a><figcaption id=\"caption-attachment-9997\" class=\"wp-caption-text\">ShutterStock<\/figcaption><\/figure>\n<p>BACOLOD CITY &#8212; Frank Carbon, president of the Metro Bacolod Chamber of Commerce and Industry, said that food prices are expected to increase as prices of fuels continue to rise.<\/p>\n<p>In fact, another fuel price hike is imposed by the oil companies.<\/p>\n<p>Gasoline prices is up by 50 centavos per liter and diesel by over P1 per liter.<\/p>\n<p>Last week, the oil firms raised the price of gasoline by 95 centavos, diesel by 65 centavos, and kerosene by 50 centavos per liter.<\/p>\n<p>Carbon said that the present price of diesel is pegged at P32 per liter which is still far from the price rate last year at P40 per liter.<\/p>\n<p>\u201cI believe it would not go up that much, it could only reach up to P35 per liter,\u201d Carbon said.<\/p>\n<p>Because of the continuous increase of fuel prices, transport sector all over the country are pressing for fare rate increase.<\/p>\n<p>Excluding this week\u2019s adjustments, the price of gasoline has increased by P4.02 per liter while that of diesel has risen by P1.04 per liter since January.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BACOLOD CITY &#8212; Frank Carbon, president of the Metro Bacolod Chamber of Commerce and Industry, said that food prices are &hellip;<\/p>\n","protected":false},"author":44,"featured_media":9997,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19,95],"tags":[],"class_list":["post-49247","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","category-news-ph","mauthors-teresa-d-ellera","mauthors-philippines-news-agency"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/49247","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/comments?post=49247"}],"version-history":[{"count":0,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/49247\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/9997"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=49247"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=49247"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=49247"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}