The National Economic and Development Authority (NEDA) said the government is ensuring stable and affordable food prices amid the implementation of the enhanced community quarantine (ECQ) in Metro Manila and stricter quarantines throughout the country. Screen Shot 2021-08-06 at 1.42.20 PM In a...
The Department of Finance (DOF) expects the elevated rate of increase in food prices would peak this month due to rising volume of meat imports that boosted domestic supply. In a statement on Wednesday, July 14, Finance Undersecretary and Chief Economist Gil S. Beltran said that food price...
Filipinos can expect higher meat prices as the cost of animal feed ingredients, primarily corn and soybean, has been on an uptrend worldwide. In a virtual briefing on Monday, Feb. 22, Asis Perez, convenor of food security advocacy group Tugon Kabuhayan, has raised concerns over the rising prices of...
NEDA cites effects of typhoons, restrictions on public transport The rate of increase in consumer prices in November quickened to its fastest pace in nearly two years due to recent typhoons as well as government restrictions on public transport, the National Economic and Development Authority...
The rate of increase in consumer prices softened to a four-month low in September due to cheaper food items, data from the Philippine Statistics Authority (PSA) showed on Tuesday. (MANILA BULLETIN FILE PHOTO) The country’s headline inflation ticked in at 2.3 percent last month, slower compared...