“President Ferdinand Marcos said on Sept. 4 that the only reason for the surge in the retail prices of rice is the price manipulation by smugglers and hoarders.”
What Vera Files found
Executive Order No. 39 dated Aug. 31 cited “global events” beyond the country's control, such as the Russia-Ukraine conflict, India's ban on rice importation and the unpredictability of oil prices in the world market, that have influenced the price surge, aside from smuggling and hoarding.
Their words, from the summary they publish with the rating.
In short
Ferdinand Marcos Jr. made this claim around 4 September 2023. Vera Files (Philippines) looked into it and published its finding on 11 September 2023, 7 days later. Its rating was “Flip-flop”.
Ferdinand Marcos Jr. has 62 checked claims in this archive. Fact-checking organisations rated 17 of them false or fake, 43 misleading or mixed and 0 true.
Where the claim appeared
Links recorded by Vera Files. Some posts may have been deleted since.
This check was done by Vera Files, not by DoesItStand. We list it so you can find it. Their full evidence and reasoning are in their article.