Connect with us

Hi, what are you looking for?

Economy

Well-milled rice prices up in early May

THE average retail price of well-milled rice increased in eight regional trading centers in early May, the Philippine Statistics Authority (PSA) said.

Prices rose during the May 1-5 period, which the PSA refers to as the first phase of May, compared to the second phase of April or April 15-17.

Higher prices were recorded in Cagayan de Oro City, where they rose by P2.67 to P46.42, in Iloilo City by P1.37 to P50.25, in Cabanatuan City by 50 centavos to P39, and in Legazpi City by 10 centavos to P40.10.

Prices also increased in Tacloban City by 50 centavos to P49.50, in Digos City by P1 to P46, in Butuan City by 50 centavos to P40.50, and in Pagadian City by five centavos to P42.70.

Retail prices in the National Capital Region fell by five centavos to P43.22, in Baguio City by 75 centavos to P44, in Batangas City by 20 centavos to P50.25, in Calapan City by 50 centavos to P49.30, in Cebu City by 75 centavos to P51.63, and in Kidapawan City by P1.05 to P40.75.

The average retail price of pork shoulder (kasim) also rose in eight regional trading centers during the period.

In Cagayan de Oro City, prices rose by P20 to P365, by P10 to P294 in Baguio City, by P10 to P325 in Butuan City, and by P5 to P295 in Tuguegarao City.

Price increases were also reported in Iloilo City by P5 to P272, in Digos City by P4 to P354, in Kidapawan City by P1 to P338.50, and in the NCR by 62 centavos to P342.84.

The retail price in Cabanatuan City fell P10 to P320.

Meanwhile, the average retail price of round scad (galunggong) declined in eight regional trading centers in the first phase of May.

Lower prices were recorded in NCR by P2.23 to P241.52, in Baguio City by P10 to P230, in San Fernando City by P50 to P130, and in Tuguegarao City by P25 to P220.

Round scad prices also fell in Cabanatuan City by P25 to P175, in Iloilo City by P10 to P230, in Pagadian City by P20 to P120, and in Digos City by P10 to P180.

Retail prices rose in Kidapawan City by P5 to P230, in Legazpi City by P10 to P247.50, in Tacloban City by P30 to P210, and in Calapan City by P35 to P350. — Sheldeen Joy Talavera

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Get the daily email that makes reading the news actually enjoyable. Stay informed and entertained, for free.
Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest

Economy

Inflation in the Philippines is driven by supply-side factors, and does not warrant a monetary policy response, National Economic and Development Authority (NEDA) Secretary...

Economy

Kinetix +’s doors were opened to an invite-only Media and VIP launch on Oct. 18, 2023. Kinetix + is the newest training facility in...

Economy

The culinary world joins the Hapag Movement Globe, in partnership with Facebook Online Community Fine Dining Club Philippines, proudly introduces the “Gourmet Giving Series:...

Investing

Britain’s financial regulators have confirmed that the cap on bankers’ bonuses will be scrapped from next week as part of a post-Brexit bid to...

Investing

The UK unemployment rate remains low, according to the latest official figures. The figure stood at 4.2% in the three months to August this...

Economy

By Keisha B. Ta-asan, Reporter THE BANGKO SENTRAL ng Pilipinas (BSP) may deliver an off-cycle rate hike as early as Thursday this week, its...

You May Also Like

Top News

As the world seeks sustainable and energy-efficient solutions for heating and cooling, the heat pump market is experiencing a significant surge. According to the...

Investing

The Toto site’s user-friendly interface makes it easy for both beginners and experienced gamblers to navigate through the various features. “¸ÔÆ¢Æú¸®½º site is a...

Investing

Almost 100 jobs are thought to be under threat at smart home energy technology manufacturer myenergi. The Grimsby firm, named one of the UK’s...

Economy

JUNIOR FERREIRA-UNSPLASH The Philippines is a very small power market by ASEAN standards, with market demand peaking at 15 gigawatts (GW) compared to Thailand’s...

Disclaimer: SmartRetirementReport.com, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2021 SmartRetirementReport. All Rights Reserved.