DTI releases 2024 Noche Buena products price guide

Anna Leah Gonzales - Philippine News Agency 11/20/2024

MANILA – The Department of Trade and Industry (DTI) has released the 2024 Noche Buena products price guide, noting many of these essential items have remained at their 2023 prices while others have even decreased. In a…

Presyo Merkado: Current prices of food in Metro Cebu markets

Emmariel Ares 07/25/2024

Presyo Merkado is a daily guide to the prices of goods in different markets around Metro Cebu. Stay updated by checking our site and social media platforms every morning. (UPDATED) CEBU CITY, Philippines — Going on a…

Electricity rates in PH: Why are they high?

Pia Piquero 07/13/2024

Every month, customers prepare themselves for the arrival of their electricity bills, often met with frustration and complaints about the steep costs. This persistent household issue has become a regular concern that sometimes dominates conversations, especially when…

LPG prices rise by P6 per 11-kg tank in July

Lisbet Esmael - @inquirerdotnet 07/01/2024

Filipino households will face higher cooking gas prices this month as oil companies raise liquefied petroleum gas (LPG) costs. Over the weekend, Solane and Petron announced that LPG prices will increase by 55 centavos per kilogram, or…

Cebu City Council warns vs price manipulation amid La Niña threat

Pia Piquero 06/01/2024

CEBU CITY, Philippines –The Cebu City Council has approved a resolution aimed at protecting consumers from potential price manipulation on essential goods as the country braces for the impending La Niña weather phenomenon. With the specter of…

Cebu Province inflation rate soared in March 2024

Niña Mae C. Oliverio 04/17/2024

CEBU CITY, Philippines — Cebu Province inflation rate rose in March as Cebuanos continue to grapple with rising prices of goods and commodities, the latest inflation report by the Philippine Statistics Authority (PSA) Cebu showed. On Wednesday,…

March inflation higher at 3.7% but still within gov’t target range

Ian P. Cigaral 04/06/2024

MANILA, Philippines — March inflation picked up to 3.7 percent year-on-year in March, from 3.4 percent in February, due to higher prices of key food items like vegetables, meat and rice, the Philippine Statistics Authority (PSA) reported…

March inflation hits 3.7% on food price surge

Ian Cigaral 04/05/2024

MANILA, Philippines — Inflation rose to 3.7 percent, up from 3.4 percent in February, mainly driven by increased prices of essential food items such as vegetables, meat, and rice, according to the Philippine Statistics Authority (PSA). Despite…

Cebu’s inflation rate rose in Feb compared to January

Josh Almonte 03/16/2024

CEBU CITY, PHILIPPINES – Cebu’s inflation rate rose slightly in February compared to lJanuary as prices have gone up in most parts of the province including the tri-cities of Cebu, Lapu-Lapu, and Mandaue. This was after the…

Bohol Capitol to meet with traders to discuss high fish prices

Doris C. Bongcac 02/15/2024

MANDAUE CITY, Cebu – The Bohol Provincial Government gathered fish traders and consolidators on Tuesday, Feb. 13. to discuss concerns on the high cost of fish there. The meeting was scheduled ahead of another gathering that Governor…

Fuel prices as of Jan. 30: Gasoline up by P2.80, diesel by P1.30 

Niña Mae Oliverio and Emmariel Ares 01/30/2024

CEBU CITY, Philippines – Local oil companies here have announced ta significant increase in the prices of fuel effective Tuesday, January 30, 2024. As a result, motorists in Cebu City will be facing a hefty increase in…

DTI allows manufacturers to downsize certain goods to offset rising costs

Alden M. Monzon, Melvin Gascon 01/18/2024

MANILA, Philippines — The Department of Trade and Industry (DTI) announced on Wednesday that manufacturers of essential goods can maintain profitability amid rising production costs by reducing product sizes or weights, instead of increasing prices. Trade Assistant…

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