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PRICE WATCH 2022: Food, fuel products in the Philippines

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PRICE WATCH 2022: Food, fuel products in the Philippines

WHAT YOU NEED TO KNOW

Prices are rising in the Philippines. Here’s your guide for price changes in food, gas and diesel, and other commodities to help you manage your expenses.

(Sources: Philippine Statistics Authority, Department of Agriculture, Department of Trade and Industry)

LATEST UPDATES

Oil price rollback on September 13

Rappler.com

Fuel prices are going down on Tuesday, September 13:

  • Gasoline – P0.45 per liter
  • Diesel – P1.45 per liter
  • Kerosene – P1.70 per liter

Meralco raises rates for September

Ralf Rivas

The Manila Electric Company (Meralco) is raising power rates to P9.9365 per kilowatt-hour (kWh) in September, an increase of P0.3977 from a month ago.

For residential customers consuming an average of 200 kWh, this is equivalent to an increase of P78 in their electricity bill.

Meralco attributed the increase to higher fuel costs and the weak peso.

Oil price rollback on September 6

Ralf Rivas

Fuel prices are going down on Tuesday, September 6:

  • Gasoline – P2.60 per liter
  • Diesel – P1.55 per liter
  • Kerosene – P1.60 per liter

Since the start of the year, gasoline prices have gone up by P19.55 per liter, diesel by P37.80, and kerosene by P33.20.

Sugar prices still high, garlic soars

Ralf Rivas
Prevailing sugar prices as of August 26
  • Refined sugar – P95/kilo
  • Washed sugar – P75/kilo
  • Brown sugar – P70/kilo
  • Local garlic – P325/kilo
  • Imported garlic – P100/kilo
  • Ginger – P100/kilo
  • Chili – P400/kilo
Vegetable prices as of August 26
  • Cabbage – P65/kilo
  • Carrot – P120/kilo
  • Tomato – P60/kilo
  • String beans – P80/kilo
  • Potato – P80/kilo
Livestock and poultry products prices as of August 26
  • Beef rump – P420/kilo
  • Beef brisket – P360/kilo
  • Pork kasim – P320/kilo
  • Pork liempo – P370/kilo
  • Whole chicken – P190/kilo
Fish prices as of August 26
  • Bangus – P175/kilo
  • Tilapia – P120/kilo
  • Galunggong – P240/kilo
  • Alumahan- P300/kilo

Meralco lowers rates anew

Ralf Rivas

The Manila Electric Company (Meralco) is reducing its overall rate for the second straight month due to lower generation charges.

The overall rate went down by P0.2087 this August to P9.5458 per kilowatt hour from July’s P9.7545 per kWh. 

This is the estimated reduction according to consumption:

  • 200 kWh – P42
  • 300 kWh – P63
  • 400 kWh – P83
  • 500 kWh – P104

With the adjustment, Meralco has now reduced its overall rate by a total of P0.9154 per kWh over the past two months, while the net decrease is at P0.2315 per kWh since the start of 2022.

Oil price rollback on August 9

Ralf Rivas

Fuel prices are going down on Tuesday, August 9:

  • Gasoline – P2.10 per liter
  • Diesel – P2.20 per liter
  • Kerosene – P2.55 per liter

Price range of gasoline, diesel as of July 28

Ralf Rivas
Diesel – P73 to P82 per liter
Gasoline – P67 to P85 per liter
Kerosene – P77 to P84 per liter

Fish prices as of July 29

Ralf Rivas
Bangus – P160/kilo
Tilapia – P120/kilo
Galunggong – P240/kilo
Alumihan – P300/kilo

Vegetable prices as of July 29

Ralf Rivas
Cabbage – P60/kilo
Carrot – P100/kilo
Potato – P70/kilo
Squash – P50/kilo
Eggplant – P90/kilo
Tomato – P50/kilo

Beef, pork, chicken prices as of July 29

Ralf Rivas
Beef rump – P400/kilo
Beef brisket- P350/kilo
Pork kasim – P320/kilo
Pork liempo – P380/kilo
Whole chicken – P200/kilo
Egg – P7/piece