Presyo Merkado: Current prices of food in Metro Cebu markets

Emmariel Ares, Niña Mae Oliverio 05/17/2024

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 — According to vendors…

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…

Fuel prices drop by P1.85 per liter in Cebu City gas stations on Dec. 12

Niña Mae Oliverio and Rashe Zoe Sophia Piquero 12/12/2023

CEBU CITY, Philippines — A big rollback on the prices of three fuel products has been implemented on Tuesday, December 12. In separate advisories, local oil firms announced the cut in the price of gasoline by P1.60…

DA: More onion imports coming to stop ‘absurd’ price hike

Jordeene B. Lagare 12/02/2023

The Department of Agriculture (DA) has allowed the importation of onions to ensure enough supply and avoid a repetition of onion prices absurdly jacking up during the holiday season last year. The Bureau of Plant (BPI) in…

Bongbong Marcos orders price caps for rice at P41 to P45 per kilo

Jean Mangaluz 09/01/2023

MANILA, Philippines — President Ferdinand “Bongbong” Marcos Jr. has ordered price caps for rice amid soaring commodity prices. The price ceiling for regular milled rice is set at P41 per kilogram, while the cap for well-milled rice…

Rice prices surge as production costs rise

Jordeene B. Lagare 06/24/2023

Despite having enough rice supply, retail prices of the country’s staple food in Metro Manila have jacked up by about P2 per kilogram as farmers face increased production costs. In an interview, Agriculture Assistant Secretary Kristine Evangelista…

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