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...
Some of the country's agri-fishery commodities, such as rice, pork, fish, and chicken, were sold in select markets in Metro Manila higher than their suggested retail price (SRP) almost throughout the holidays. Based on the latest price monitoring report of the Department of Agriculture (DA), SRPs...
For the first time in the reporting of the Bangko Sentral ng Pilipinas’ (BSP) Residential Real Estate Price Index (RREPI), residential property prices fell in the third quarter by 0.4 percent year-on-year due to weak demand brought on by the COVID-19 pandemic. On a quarter-on-quarter basis, RREPI...
Motorists using diesel in their vehicles will be shelling out additional P0.60 per liter; and P0.50 per liter for gasoline, based on the upward adjustments implemented by the oil companies this week. For kerosene, the industry players also sent pricing advisory notices that this fuel commodity will...
It will be another period of added expenses for Filipino motorists next week as pump prices are anticipated to rise by P0.50 to P0.65 per liter across products. Based on the calculation of the oil industry players, gasoline prices will inch up by P0.50 to P0.60 per liter; while diesel will be...
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 harvest season for rice is over, but palay prices are still falling, a data from the Philippine Statistics Authority (PSA) showed. During the fourth week of October, the average farmgate price of palay fell by 0.4 percent to P15.36 per kilogram (/kg), compared to its level of P15.42/kg in...
The Department of Agriculture (DA) will make sure that the price freeze on some agricultural and fishery commodities is “strictly” observed in Luzon amid the declaration of state calamity in the region, which was badly battered by a series of typhoons. As this happens, the agency has also...
The government’s recently imposed suggested retail price (SRP) on pork is not working, at least based on the latest price monitoring report of the Department of Agriculture (DA). Based on the latest price monitoring report of the DA, the prevailing price of pork kasim at select markets in Metro...
Bad news will cut across Filipino households starting this long weekend, as the price of cooking fuel liquefied petroleum gas (LPG) will increase by P3.20 per kilogram (kg) or an aggregate increase of P35.20 for the standard 11-kg cylinder. The price hike for LPG will stay for the rest of November,...
Noche Buena products manufacturers are seeking as much 3 percent increase in their suggested retail prices (SRP) due to increased cost of production. Trade and Industry Secretary Ramon Lopez. (ALFRED FRIAS/PRESIDENTIAL PHOTO FILE PHOTO) Trade and Industry Secretary Ramon M. Lopez said the Noche...
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...
