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...
(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...
As small-sized eggs become more common during the summer months, the Department of Agriculture (DA) has clarified that this trend will not directly impact the overall egg supply in the country. In an interview with PTV on Friday, April 19, Agriculture Assistant Secretary and Spokesperson Arnel de...
The Philippine Statistics Authority (PSA) reported price hikes for several commodities like rice and cooking oil in the early days of April. The PSA said the average retail price of a kilogram of regular milled rice increased to P51.39 between April 1 and 5, from the previous month's prices of...
Albay 2nd district Rep. Joey Salceda (MANILA BULLETIN) Prices of rice--the country’s staple grain--are so impactful that they actually affect the quality of jobs available to Filipinos. Thus, said economist-solon Albay 2nd district...
An economist has cast doubt on the possibility of rice prices falling to P20 per kilo, citing the disruptive effects of persistent extreme weather events like El Niño on agricultural yields as factors that make such a price reduction improbable. Carlos Manapat, chair of the economics department at...
Albay 2nd district Rep. Joey Salceda (Ellson Quismorio/ MANILA BULLETIN) The Philippines continues to feel the effects of the "abnormal" price of rice in global market, thus the higher inflation rate this past month. Economist-solon...
Dinorado, sinandomeng, and other varieties in the market may soon have a healthier form as the International Rice Research Institute (IRRI) is developing a new rice variant that could lower the risk of developing diabetes, as well as lessen the demand for unlimited rice strategies in food...
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...
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...
