(MANILA BULLETIN) With rice prices again on the uptrend, keeping the staple grain stable in markets will play a huge role in making 2024 a good year for the economy, according to Albay 2nd district Rep. Joey Salceda. Salceda said rice accounts...
The cost of rice shot up by 19.6 percent in December last year, marking its highest increase in over 14 years, the Philippine Statistics Authority (PSA) reported. This reading, according to the statistics agency, was also the highest in 2023 since rice inflation peaked in September due to the...
President Marcos said that his administration will work on strengthening the country's agriculture programs and focus on measures that would keep basic needs affordable this 2024. File photos (Malacañang, Manila Bulletin) Marcos said this as he welcomed reports that the inflation rate dropped to...
The rate of increase in consumer prices continued to slow in December, while the country's annual inflation climbed to its highest level in 15 years, data from the Philippine Statistics Authority (PSA) showed. Last month's consumer price growth showed sustained signs of easing, with headline...
OCTA Research (Dr. Guido David/X) The weekly Covid-19 positivity rate in Metro Manila decreased to 19.9 percent as of Jan. 2, the OCTA Research said on Thursday, Jan. 4. OCTA Research fellow Dr. Guido David said Metro Manila’s positivity rate was 24.7 percent on Dec. 26. “The positivity rate...
BAGUIO CITY – Police here reported a 56.47 percent decrease in crime incidents during the holiday season. The Baguio City Police Office Crime Information Reporting and Analysis System (CIRAS) said cases went down by 48 cases from December 21 to 31 compared to the same period in 2022. Baguio City...
The Energy Regulatory Commission (ERC) continues to observe the charges made by generation companies (GenCos) collected from consumers by distribution utilities (DU). The ERC said that this year's generation rates showed stability, but noticed an imbalance between the global coal price reduction...
President Marcos' chief economic manager assured Filipinos that they can depend on the government to mobilize efforts in addressing the expected rise in consumer prices, as inflationary pressures are projected to continue until next year. Finance Secretary Benjamin E. Diokno said that their top...
Prices of goods in Metro Manila continued to grow at a slow pace in November, the Philippine Statistics Authority (PSA) reported. Based on the survey of eight commodities, the National Capital Region's (NCR) general retail price index (GRPI) declined further to 2.9 percent from 3.4 percent in...
The National Economic and Development Authority (NEDA) has estimated that over seven million Filipinos could have escaped poverty if inflation had remained within the government's target over the last two years. NEDA Secretary Arsenio M. Balisacan said that the high inflation rate, which averaged...
The Philippine Statistics Authority (PSA) reported that the upward trend in agricultural commodity prices, including crops and fish, continued to lose momentum in the third quarter. The PSA said in a report that the annual producer price index (PPI) for agriculture dropped to 7.9 percent from 12...
President Ferdinand "Bongbong" Marcos Jr. (left), House Speaker Martin Romualdez (Speaker’s office) House Speaker Martin Romualdez has reiterated the Marcos administration’s true target for poverty alleviation in the country--that is, a...
