Advertisements


Rice prices up for 6th straight month

Rice prices have been increasing since the start of the year following the lack of supply of cheaper rice from state-run National Food Authority......»»

Category: newsSource: philstar philstarJun 9th, 2018

Groups buck rice price ceilings

Industry groups are opposing Sen. Cynthia Villar's recent recommendation to President Duterte to impose price ceilings on rice as a means to address rising prices in the market. According to the senator, who also heads the committee on agriculture and food, putting a cap on the retail prices of rice might temper these increases. Since January, prices have not stabilized and has been recording new highs for two straight weeks this month. The Grains Retailers Confederation of the Philippines, however, is not too sold on the idea. In a phone interview with its president James Magbanua, he said the government might have difficulty in implementing the senator's proposal, noting that ...Keep on reading: Groups buck rice price ceilings.....»»

Category: newsSource:  inquirerRelated NewsAug 29th, 2018

Rice prices up for 8th straight month

Despite the continuous arrival of rice imports, prices of the Filipino’s main staple remain in an upward streak for eight months now, the Philippine Statistics Authority reported......»»

Category: newsSource:  philstarRelated NewsAug 22nd, 2018

Rice prices up for 6th straight month

Rice prices have been increasing since the start of the year following the lack of supply of cheaper rice from state-run National Food Authority......»»

Category: newsSource:  philstarRelated NewsJun 9th, 2018

Economic cluster calls for greater focus on agri

Economic managers are calling on the Department of Agriculture (DA) to boost the farm sector's performance as the administration continued to work on tempering inflation, noting that the industry "needs greater attention now more than ever" if the government wants to boost economic growth. The call was made in a statement released by the government's economic cluster after the report on the January inflation rate came out. Inflation on the first month of the year hit 4.4 percent, the slowest in 10 months, thanks to slower rise in the prices of food and nonalcoholic beverages and the continued improvement in the supply of food, particularly rice, corn and fish. Despite these develop...Keep on reading: Economic cluster calls for greater focus on agri.....»»

Category: newsSource:  inquirerRelated NewsFeb 6th, 2019

Headline inflation rates in the Philippines (January, 2019)

THE OVERALL INCREASE in prices of widely used goods cooled for the third straight month in January, marking the slowest year-on-year reading in 10 months and making the case for monetary authorities to keep interest rates steady at their meeting on Thursday. Read the full story......»»

Category: financeSource:  bworldonlineRelated NewsFeb 5th, 2019

Slower inflation gives BSP policy space

THE OVERALL INCREASE in prices of widely used goods cooled for the third straight month in January, marking the slowest year-on-year reading in 10 months and making the case for monetary authorities to keep interest rates steady at their meeting on Thursday......»»

Category: financeSource:  bworldonlineRelated NewsFeb 5th, 2019

January 2019 inflation eases to 10-month low of 4.4%

The increase in consumer prices nationwide eased for a third straight month last January as food and beverage costs grew slower while the full effect of the second round of fuel tax hike has yet to be felt, the Philippine Statistics Authority reported yesterday......»»

Category: financeSource:  philstarRelated NewsFeb 5th, 2019

January 2019 inflation eases to 10-month low of 4.4%

The increase in consumer prices nationwide eased for a third straight month last January as food and beverage costs grew slower while the full effect of the second round of fuel tax hike has yet to be felt, the Philippine Statistics Authority reported yesterday......»»

Category: financeSource:  philstarRelated NewsFeb 5th, 2019

Palay farmgate prices steady at P20/kilo in Dec

THE average farmgate prices of palay (unmilled rice) was steady at P20 per kilogram during the entire month of December last year. In its weekly update on palay, rice and…READ The post Palay farmgate prices steady at P20/kilo in Dec appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsJan 14th, 2019

December inflation slowest in seven months

THE OVERALL year-on-year increase in prices of widely used goods eased for the second straight month in December by its slowest pace in seven months, the Philippine Statistics Authority reported on Friday, giving the central bank room to consider the impact of its next monetary policy moves on economic growth......»»

Category: financeSource:  bworldonlineRelated NewsJan 4th, 2019

December inflation slowest in seven months

By Carmina Angelica V. Olano, Researcher Inflation eased for the second straight month in December by the slowest pace since May’s 4.6%, helped by slower increases in food and transport prices, the Philippine Statistics Authority (PSA) reported. Headline inflation dropped to 5.1% last month from 6% in November, the PSA said this morning. This, however, […].....»»

Category: financeSource:  bworldonlineRelated NewsJan 4th, 2019

BSP: Inflation likely eased in November 2018

Inflation may ease this month from a near-decade high of 6.7 percent in October due to the sharp decline in oil prices, improving supply of rice and other commodities, and the strong rebound of the peso, according to the Bangko Sentral ng Pilipinas......»»

Category: financeSource:  philstarRelated NewsNov 29th, 2018

Prices of Commercial Rice Seen Declining Further

Prices of commercial rice in the market have declined by as much as PHP5 per kilo and are likely to drop further by the end of month, giving some relief to consumers. “As projected, prices of commercial rice in the market have started to stabilize as harvests have begun and the shipment of imported rice […].....»»

Category: newsSource:  metrocebuRelated NewsOct 18th, 2018

‘Free-for-all’ rice importation OK’d

President Duterte has approved recommendations to liberalize rice importation in a bid to address the soaring prices of commodities that led to inflation of 6.7 percent last month......»»

Category: newsSource:  philstarRelated NewsOct 9th, 2018

Rice prices hit highest level; production target unattainable

Despite the continuous arrival of rice imports, the price of the commodity – the main staple among Filipinos – continues its upswing, hitting its highest level this month, the Philippine Statistics Authority (PSA) said......»»

Category: newsSource:  philstarRelated NewsSep 19th, 2018

Philippines’ August inflation seen speeding up to near 9.5-year high

Philippine annual inflation is expected to have quickened in August to the fastest pace in nearly 9-1/2 years, reflecting higher prices of key food items, including rice, and energy costs, a Reuters poll showed. Ten economists surveyed by Reuters unanimously expect inflation to be faster last month than July’s 5.7 percent, already the highest since […].....»»

Category: newsSource:  interaksyonRelated NewsSep 5th, 2018

PH inflation rises for 8th straight month

INFLATION rose again for the eighth straight month, hitting 6.4 percent for the month of August and is regarded as the fastest rise in nearly 10 years. Inflation last breached the six-percent mark in March 2009, when it reached 6.6 percent, according to Philippine Statistics Authority (PSA) data based on 2012 prices. It also marked […].....»»

Category: newsSource:  tribuneRelated NewsSep 5th, 2018

Customs exceeds collection goal anew due to weaker peso

THE BUREAU of Customs topped its collection target in August due to a weak peso, high oil market prices and enforcement of proper valuation, marking the seventh straight month that goals were exceeded. The post Customs exceeds collection goal anew due to weaker peso appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsSep 4th, 2018

Senator sees stable rice prices, supply this month

BACOLOD City – Prices and supply of domestic rice will stabilize within September 2018, Senator Cynthia Villar said on Friday. Speaking before participants of the 27th Visayas Area Business Conference and Expo at the L’Fisher Hotel, Bacolod City, Villar said September is harvest time of local rice for the first cropping which “will stabilize the […] The post Senator sees stable rice prices, supply this month appeared first on The Daily Guardian......»»

Category: newsSource:  thedailyguardianRelated NewsSep 3rd, 2018

Zamboanga City starts rice procurement to reduce market prices

THE ZAMBOANGA City government has started buying rice for distribution to the market at controlled prices following a shortage since early this month that saw rates go up to as much as P80 per kilo. The post Zamboanga City starts rice procurement to reduce market prices appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsAug 23rd, 2018