Increase in prices of basic goods noted

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Friday, May 9, 2014


THE regional office of the Philippine Statistics Authority-Bureau of Agricultural Statistics (PSA-BAS) noted an increase in the prices of basic commodities based on its monitoring as of May 9, 2014.

PSA-DSA recorded an increase in the prices of rice, pork, galunggong, tilapia, and cabbages but also saw a drop in the prices of ampalaya, kidney beans, red onion and white potato.

Based on PSA-BSA Davao Region's monitoring, vendors pointed out that the price increase in rice was due to low productions since the lean months have already set in.

Well-milled rice was at P42 ro P46 this week from P41 to P45 last week but regular milled rice remained stable at P36 to P41.

Pork liempo's retail price increased from P165 to 175 per kilogram (kg) last week to P170 to P180/kg this week while pork lean meat prices were pegged at P165 to P175/kg this week from P160 to P170/kg last week.
Vendors said the increase in prices was due to the increase of the commercial price of pigs.

As for seafood products, galunggong was pegged at P120/kg this week from P110/kg last week. The price of tilapia also went up by P10/kg this week from P85 to P100/kg last week to P95 to P110/kg this week.

Meanwhile the price of cabbage doubled this week from P25 to P30 last week to P50 to P60 this week.

In separate monitoring conducted by Sun.Star Davao an increase in the prices of bell pepper (from P60 last week to P90 this week), ginger (P120 to P180-P190), tamban (P40 to P60), talikilok (P160 to P220-P240), danggit (P120 to P140-P160), maya-maya (P100 to P220-P280)

PSA-BAS 11 market reporter Imelda V. Abdala, in an interview with Sun.Star Davao, said the general consensus of the vendors was the price increase in some commodities was due to low production but there will also be some products whose prices will go down due to an increase in production.

Based on the agency's monitoring, there is a drop in the prices of ampalaya (P50-P60 to P45-P55), habichuelas (P40-P50 to P35-P45), red onion (P70-P80 to P60-P70), and white potato (P80-P90 to P70-P80).

In the separate monitoring done by Sun.Star Davao, a drop in the prices of avocado, durian, pomelo, raddish, cucumber, malunggay was also observe due to abundant harvest.

Products whose prices remained stable for the week include beef lean meat (P220/kilogram (kg.)), beef with bones (P170 to P180/kg), dressed chicken (P115 to P120/kg), medium sized chicken eggs (P5), bangus (P110 to P120/kg), sitaw (P30 to P40), carrots (P40 to P50), tomato (P25 to P30), eggplant (P20 to P25), native pechay (P40 to P50), lakatan (P38 to P40), latundan (P28 to P30), calamansi (P60 to P70), papaya (P20 to P25), and carabao mango (P50 to P60) (With reports from UIC interns Popsy Belle R. Ancheta, Martin Jee M. Capuno, and Cathyrine N. Macrojon and MSU-Marawi intern Pamela Jay F. Orias)

Published in the Sun.Star Davao newspaper on May 10, 2014.

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