The rate of increase in consumer prices was steady for the third straight month in May, but remained above the Duterte administration’s target, data from the Philippine Statistics Authority (PSA) showed on Friday, June 4. The country’s headline inflation clocked in at 4.5 percent last month,...
Gasoline prices are being rolled back by P0.20 per liter this week, lower than the P0.40 per liter earlier calculation based on the movement of the Mean of Platts Singapore (MOPS) last week. The price of diesel, on the other hand, increased by P0.20 per liter, based on the price adjustment notices...
Filipino motorists will have to brace for mixed adjustments in pump prices next week, according to initial calculation of the oil companies. As estimated, gasoline prices will potentially go down between P0.45 to P0.60 per liter depending on the product’s grade; while diesel prices may go up...
Filipino motorists will need to cough up additional amounts in their fuel budgets as the price of diesel and kerosene products will increase by P0.35 per liter this week, based on the pricing advisories of the oil companies. The price of gasoline, which is the other commodity in the weekly price...
Finance Secretary Carlos Dominguez on Tuesday, April 27, defended their recommendation to President Duterte to sign Executive Order 128, which reduces tariff on the importation of pork products. (MANILA BULLETIN File photo/Keith Bacongco) In a virtual presence during a public hearing by the Senate...
The validity of Executive Order (EO) 124, which imposed a price ceiling on pork and chicken in Metro Manila, will end this week, and the government and private sector have two completely different sentiments about its effectiveness. For one, Noel Reyes, the spokesperson of the Department of...
Consumers’ pockets will finally experience slight relief as prices at petroleum pumps are anticipated to be on moderate rollback next week. Oil companies have calculated prospective price reduction of P0.40 to P0.45 per liter for diesel products; and marginal downward adjustment of P0.10 to P0.20...
Expenses for fuel will take its pinch on consumers’ pockets again this week, with substantial increases calculated across products that are retailed at the pumps due to the continuously rising prices in the world market. Based on estimates of the industry players, gasoline prices will go up by...
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...
