The prices of agricultural commodities, notably rice, saw increases again during the last days of February, the Philippine Statistics Authority (PSA) reported. Based on the PSA price situationer, a kilogram of regular milled rice increased to P50.63 during February 15 to 17 from P50.34 during the...
Cooking fuel will come heavier on the budgets of households this week as the price of liquefied petroleum gas (LPG) will go up by P0.27 to P0.30 per kilogram (kg) for the month of March, as announced by the industry players. Leading player Petron Corporation, in particular, implemented LPG price...
Pricing seesaw at the pumps will come lighter on the pockets of consumers this week as the price of diesel products will be on P0.95 per liter rollback; while gasoline prices will be trimmed by P0.70 per liter, based on the pricing advisories of the oil companies. Additionally, the price of...
High prices of rice in the Philippines is inevitable, President Marcos said. Marcos stated this, responding to a question of a letter sender if “BBM” stands for "Bigas Biglang Mahal.” The President explained that it is unavoidable to see a rise in the prices of rice in the country,...
Prices of some foods, particularly imported, are starting to increase again in February after posting declines last month as local products become the cheapest option, government data showed. The common staple well-milled rice was pegged at P56.21 per kilogram, coming from the prices of P55.42 and...
Consumers’ pockets will have some breathing space next week as oil prices are anticipated to be on substantial rollback at the domestic pumps, based on the calculation of the oil companies. According to the industry players, the price of gasoline products will be trimmed by P0.70 to P1.10 per...
It will be financially burdensome for consumers again at the petroleum pumps this week, as the price of gasoline products will substantially rise by P1.60 per liter; while diesel will be up by P1.10 per liter, according to the pricing advisories sent by the oil companies. Additionally, the price of...
Price hikes at the domestic pumps next week ended up slightly leaner after Friday (February 16) trading, due to softening of prices in the world market, according to the industry players. At end-week, the final calculation for price hike in gasoline products was still substantial at P1.20 to P1.60...
Huge cash will be burned at the pumps next week, as oil products are anticipated to be on hefty price hikes again by Tuesday (February 20), according to the estimates of the oil companies. On the calculation of the industry players, gasoline prices will rise by P1.40 to P1.90 per liter, while...
Consumers are keenly looking forward to price rollback at the pumps this week, but the final cost reduction ended up at a disappointing endpoint with just P0.10 per liter price cut for diesel products; and P0.60 per liter for gasoline products. For kerosene, the price cut was well along expectation...
After more than a month of relentless price hikes at the pumps, consumers can look forward to a financial breather next week as petroleum product prices will be on rollback, according to the industry players. Based on the initial 4-day calculation of the oil firms, the reduction for gasoline will...
Despite the persistent El Niño in the early part of the year, the Department of Agriculture (DA) has assured stable rice prices through June. Agriculture Secretary Francisco P. Tiu Laurel, Jr. said on Thursday, Feb. 8, that the nation's rice supply for the first half of the year is secure,...
