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...
The price of gasoline products at the pumps will go up by P0.20 per liter starting this morning; and diesel by P0.05 per liter, according to the advisories sent by the oil companies. The other key fuel commodity kerosene will also be increased by P0.45 per liter; and it will have the biggest...
The Bangko Sentral ng Pilipinas (BSP) said that residential property prices increased by 27.1 percent year-on-year in the second quarter, the highest growth rate recorded by its Residential Real Estate Price Index (RREPI) since it started in 2016. (Photo credit: http://www.bsp.gov.ph) The RREPI,...
Motorists are expected to shell out extra cash in their fuel budgets next week, as pump prices of gasoline are expected to increase slightly by P0.15 to P0.25 per liter. MB file photo. (Mark Balmores) Based on initial calculations of industry players, diesel could have a very marginal increase of...
Gasoline prices at the pumps are anticipated to go up by P0.50 to P0.65 per liter next week, based on the result of trading in the world market last week. For diesel, consumers’ pockets may still experience respite as there might be no change in the cost of the commodity or there could just be a...
