A substantial financial breather may finally come at the pumps next week for consumers who are filling up their vehicles with gasoline products, as the price of this commodity is anticipated having a rollback in the vicinity of P2.00 per liter. Based on the outcome of three-day trading in the...
The Department of Finance (DOF) noted a slowdown in rice inflation for April, ending a streak of six months of acceleration, largely driven by the falling global price of this essential food item. Despite rice continuing to be the main contributor to headline inflation with 2.1 percentage points,...
Albay 2nd district Rep. Joey Salceda (Facebook) Economist-solon Albay 2nd district Rep. Joey Salceda says all efforts to manage the country’s inflation rate must be focused on the staple food of rice. Salceda, chairman of the House...
The inflation rate, or the rate of increase in prices of goods and services, inched up to 3.8 percent in April, as rice prices declined after a three-month surge, the Philippine Statistics Authority (PSA) reported Tuesday, May 7. This figure was a bit higher than the 3.7 percent recorded previously...
Consumers’ trip to the petroleum pumps will be less painful this week, as the oil companies implemented relatively significant rollback in prices. Based on the pricing adjustment notices of the industry players, the price of diesel products will be trimmed by P0.90 per liter, gasoline by P0.75...
(Ellson Quismorio/ MANILA BULLETIN) AGRI Party-list Rep. Wilbert T. Lee expects retail prices of rice to drop by as much as P20 per kilo if and when the proposed amendments to Republic Act (RA) No. 11023 or the Rice Tariffication Law...
The estimated rollback at the pumps next week will offer more substantial relief to the pockets of consumers next week as this already turned heftier into the vicinity of P1.00 per liter as of end of trading day on Friday (May 3), according to the industry players. Based on the outcome of five-day...
Financially beleaguered consumers can count on a slight relief on their pockets next week as another round of price rollback is anticipated at the domestic petroleum pumps, according to the oil companies. Based on the estimates of the industry players, the price of gasoline products will be trimmed...
Budget-conscious families will gain slight flexibility in their budgets this month, as the price of liquefied petroleum gas (LPG) will be on moderate rollback of P1.09 to P1.15 per kilogram as advised by the industry players. Leading player Petron Corporation announced that the cost of its LPG...
House Speaker Martin Romualdez (Ellson Quismorio/ MANILA BULLETIN) House Speaker Martin Romualdez has issued a stern warning to "profiteers" to moderate their greed amid the growing disparity between farm gate prices of agricultural products and...
Consumers’ pockets will experience slight reprieve this week, as oil prices will be on moderate rollback, according to the pricing advisories of the oil companies. The price of diesel products will be trimmed by P0.45 per liter; while gasoline prices will have marginal reduction of P0.25 per...
There is a silver lining after all amid the country’s energy insecurity dilemma, as oil prices will be on moderate rollback next week - a financial respite badly needed as consumers’ temper flare on consistent threat of rotational power service interruptions. According to the industry players,...
