The directives establish a “regulatory mechanism that guarantees efficient and balanced rates in the costs of transporting goods through the railways,” according to the government’s official gazette.
The country’s inflation was at 8.15% in the year through July, up from 7.99% in June, with closely watched core inflation at 0.62% in the month of July.
The measure follows several measures by the government meant to tame inflation, including a 430 billion peso subsidy on gas, 73 billion pesos for domestic energy aid and a 69 billion peso “food security” program.
Source: Economy - investing.com
