Financial torture will strike at consumers’ pockets again next week, as big-ticket price hikes are looming at the domestic petroleum pumps, based on the calculation of the oil companies. As reckoned from the outcome of five-day trading in the regional market, the anticipated heftiest price hike...
Financial torture will strike at consumers’ pockets again next week, as big-ticket price hikes are looming at the domestic petroleum pumps, based on the calculation of the oil companies. According to the industry players, the anticipated heftiest price hike will be for gasoline products at P2.10...
Despite ongoing dry spell in parts of Negros Occidental and Batangas, the Sugar Regulatory Administration (SRA) has assured the public that retail sugar prices will not see an increase. In an interview with SRA Administrator Pablo Azcona, he acknowledged the concerns of farmers regarding the drop...
Motorists will have to brace for fresh round of financial pain next week as pump prices are anticipated to rise by a relatively significant level that will inch close to P1.00 per liter for gasoline and diesel products, based on the calculation of the oil companies. According to the industry...
The price of well-milled rice slightly increased during the first week of January amid the dry spell forecast this year, based on the data from the Philippine Statistics Authority (PSA). According to the PSA report, a kilogram of well-milled rice cost P55.5 from January 1 to 5, which is higher than...
Motorists filling up their vehicles with diesel products will have to brace for a bigger squeeze in their pockets this week, as the price of this commodity will rise by P0.90 per liter, according to the pricing adjustment advisories of the oil companies. For gasoline products, the increase will be...
Consumers will brace for new round of financial pain in their pockets next week as prices at petroleum pumps will be on uptrend, according to the industry players. Based on the calculation of the oil companies, the price of diesel will rise by P0.70 per liter to P1.20 per liter; while gasoline...
The Philippines is more likely to have a lower inflation rate this year driven by a possible decline in crude oil prices despite an increase in rice prices, an economist said. Victor A. Abola, an economist from the University of the Asia and the Pacific, said in a briefing that inflation in 2024...
Instead of the anticipated rollback on prices of some petroleum commodities this week, the oil companies have implemented slight increase in prices at the pumps due to higher freight cost and market premium, according to the industry players. With the added factors cited, the oil firms have...
The Department of Agriculture (DA) played down concerns about the potential for well-milled rice prices to reach P60 per kilo, despite the double-digit increase in the inflation rate for the staple food last December. In an interview over DZBB on Saturday, Jan. 6, Agriculture Assistant Secretary...
Consumers can hope for ‘no changes’ at domestic pump prices next week, or there could only be very marginal price adjustments, according to the calculation of the oil companies. As estimated by the industry players, the price of gasoline will either be unchanged or there will be slight rollback...
The country saw its lowest inflation rate of the year in December, but unfortunately, low-income Filipino families did not reap the benefits of this downturn, data from the Philippine Statistics Authority (PSA) showed. The PSA's data revealed that the inflation rate for the poorest 30 percent of...
