Tag: food prices

  • Agricultural Commodity Prices and Supply Expected to Remain Stable in December

    Stable Supply and Prices. Shoppers at the Quinta Market in Quiapo, Manila, were seen purchasing fresh produce on December 4, 2024. The Department of Agriculture (DA) announced on December 5 that they anticipate a continued stabilization of agricultural commodity prices throughout December, thanks to a consistent supply. MANILA – Despite a slight uptick in food…

  • Cordillera’s Inflation Rate Jumps to 1.4% in October 2024, Driven by Rising Food Costs

    The Cordillera Administrative Region (CAR) experienced a rise in its inflation rate to 1.4% in October 2024, up from 1.2% the previous month, as reported by the Philippine Statistics Authority (PSA). This increase was predominantly fueled by escalating food prices across all six provinces in the region. During an online briefing, Aldrin Bahit, the chief…

  • Ilocos Region Sees Inflation Rise to 1.9% in October, Driven by Food Prices

    The Ilocos Region experienced an increase in its inflation rate to 1.9% in October 2024, up from 0.6% in September, primarily due to rising food and non-alcoholic beverage prices, according to the Philippine Statistics Authority (PSA). During a virtual forum, PSA Ilocos Supervising Statistical Specialist Teresa Olarte highlighted that the food index inflation surged to…