“The price of rice in the world market plummeted by 21% following President Ferdinand Marcos' imposition of a price ceiling on rice.”
What Vera Files found
The latest price index report from the Food and Agricultural Organization (FAO) of the United Nations shows that All Rice Price index increased in August 2023 to reach 142.4 points, which is 9.8% higher than the previous month and 31.2% more than its value in the previous year.
Their words, from the summary they publish with the rating.
In short
Martin Romualdez made this claim around 7 September 2023. Vera Files (Philippines) looked into it and published its finding on 21 September 2023, 14 days later. Its rating was “Misleading”.
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.