price - updates

Rappler's latest stories on price

ARTICLE FINDER

China inflation surges in September 2019 as pork prices soar

Oct 15, 2019 - 8:50 PM

Inflation in China hits 3% in September 2019, the highest since November 2013

A customer (L) shops for pork at a market in Beijing on October 15, 2019. - China's consumer inflation accelerated at its fastest pace in almost six years in September as African swine fever sent pork prices soaring nearly 70 percent, official data showed on October 15. (Photo by WANG Zhao / AFP)

Pangilinan urges 'careful study' of proposal to drop rice farming in 23 provinces

Oct 12, 2019 - 12:53 PM

'Puwede namang sabay at hindi isa lang ang pagpipilian,' says Senator Francis Pangilinan as the government mulls transitioning 23 provinces from rice farming to raising other crops

A farmer cultivate the ricefield using a hand tractor in preparation for planting rice. File photo by Darren Langit/Rappler

Palay now just P15.94 per kilo, lowest in 8 years

Oct 11, 2019 - 3:31 PM

In some provinces, palay is sold at P10 per kilo, which points to farmers likely selling it at a loss

Oil companies to cut prices for 2nd straight week

Oct 07, 2019 - 9:55 PM

Get ready to fill that tank on Tuesday, October 8, as oil companies will slash prices again

ROLLBACK. Prices of petroleum products will go down for the 2nd straight week. File photo by Rafael Taboy/Rappler

Zimbabwe raises oil prices by more than 25%

Oct 07, 2019 - 2:05 PM

A full tank of fuel in Zimbabwe now costs more than a month's salary for a cook or a maintenance worker, and more than half a month's salary for a doctor

Motorists form a long queue with their vehicles at a petrol station at dusk in Harare on September 10, 2019, during an ongoing nationwide fuel shortage. - Fuel in Zimbabwe is in short supply and its price has been increased more than six times since the start of 2019 -- as have prices for several other goods. (Photo by TONY KARUMBA / AFP)

Inflation cools to 0.9% as rice prices drop in September 2019

Oct 04, 2019 - 9:02 AM

(UPDATED) Rice prices drop further in September 2019, but still not as low as the economic team had hoped

DOE asks oil companies to explain latest price adjustments

Oct 02, 2019 - 8:35 PM

The Department of Energy says oil firms could have implemented even lower rates this week, but did not do so

Gasoline prices down, LPG up on October 1

Oct 01, 2019 - 5:00 PM

After the surge in fuel prices last week, oil companies start October 2019 with a rollback

Oil firms set to implement 2019's biggest hike so far

Sep 23, 2019 - 11:00 AM

(UPDATED) The drone attacks on oil facilities in Saudi Arabia and the trade war between the United States and China send oil prices skyrocketing

Despite Saudi turmoil, new oil shock unlikely

Sep 22, 2019 - 5:45 PM

An analyst says 'the world is far better equipped to handle oil shocks' now compared to in the '70s

OIL PRODUCTION. A picture taken on September 15, 2019, shows an Aramco oil facility near al-Khurj area, just south of the Saudi capital Riyadh. Photo by Fayez Nureldine/AFP

Oil prices sink as quick Saudi output recovery seen

Sep 18, 2019 - 7:33 AM

'This time prices slumped on reports of sooner-than-expected return for oil production after the attacks,' says an analyst in reaction to the price drop

Saudi Arabia's Energy Minister Prince Abdulaziz bin Salman gives a press conference in the Red Sea coastal city of Jeddah on September 17, 2019. Saudi Arabia said on September 17 its oil output will be back to normal by the end of September and that half the production lost in attacks on two key facilities has been restored already. "The production will be back to normal by the end of September," the Energy Minister told a press conference. A Saudi official also said plans for the listing of oil giant Aramco will continue "as is". AFP

South Korea confirms first swine fever outbreak

Sep 17, 2019 - 11:29 AM

(UPDATED) Seoul's agriculture ministry says 3,950 pigs from 3 farms in Paju are to be culled

(FILES) This file photo taken on August 10, 2018 shows pigs resting in a pen at a pig farm in Yiyang county, in China's central Henan province. - China's pork industry has been left reeling from African swine fever, which has devastated its pig herd, sent pork prices soaring and forced the country to increase imports to satisfy demand -- and analysts warn worse is yet to come. (Photo by GREG BAKER / AFP) / TO GO WITH STORY: China-livestock-animals-pork, FOCUS by Sebastien RICCI

U.S. singles out Iran, readies response to Saudi oil attacks

Sep 17, 2019 - 8:59 AM

Trump says he is ready to help key ally Saudi Arabia counter the weekend drone attacks, which triggered a record leap in global oil prices, but would await a 'definitive' determination on who was responsible

This satellite overview handout image obtained September 16, 2019 courtesy of the US Government shows damage to oil/gas infrastructure from weekend drone attacks at Khurais oil field on September 15, 2019 in Saudi Arabia. Drone attacks on key Saudi oil facilities have halved crude output from OPEC's biggest exporter, catapulting oil prices by the largest amount since the first Gulf War. The crisis has focused minds on unrest in the crude-rich Middle East, with Tehran denying Washington's charge that it was responsible.Brent oil prices leapt 20 percent on Monday to chalk up the biggest intra-day daily gain since 1991.  HO / US Government / AFP

Gasoline prices to jump by over P1 on September 17

Sep 16, 2019 - 1:05 PM

Oil companies announce major price hikes for Tuesday, September 17, just as oil prices in the world market also surge following attacks on Saudi facilities

Oil prices surge after attacks hammer Saudi output

Sep 16, 2019 - 10:23 AM

(UPDATED) The attack on Saudi Arabia's Aramco facilities by Tehran-backed Huthi rebels in neighboring Yemen effectively shuts down 6% of the global oil supply

GAS PRICES. In this file photo taken on April 9, 2019 a child pumps gas for his father at a gas station in Los Angeles, as southern California gas prices, already the highest in the nation, continue to rise. File photo by Frederic J. Brown/AFP

Apple Watch Series 3 price down to P11,990

Sep 13, 2019 - 2:02 PM

Series 3's price goes down from P17,990

Photo from Apple


Agriculture department 'floods' market with cheap, imported NFA rice

Sep 13, 2019 - 9:43 AM

Agriculture Secretary William Dar leads the unloading of NFA rice in Commonwealth Market in Quezn City, which will be sold at P27 per kilo

MAP: Palay prices in the Philippines

Sep 10, 2019 - 6:40 PM

While regional averages show that Filipino farmers do not sell below production cost, their earnings remain very little

PRICES. Filipino farmers earn very little, based on data from the government. Photo by Mau Victa/Rappler

[ANALYSIS] Plummeting rice prices: How will our rice farmers cope?

Sep 05, 2019 - 4:30 PM

Unquestionably, we need to support all farmers whose incomes and livelihoods are now hurting because of rice tariffication

Inflation continues downtrend at 1.7% in August 2019

Sep 05, 2019 - 9:05 AM

(3rd UPDATE) The inflation rate for August 2019 is even lower than the government's target range of 2% to 4%

Rice prices still not hitting P27/kilo as projected under tariffication law

Sep 04, 2019 - 7:45 PM

Some farmers are already selling palay at a loss, but consumers have yet to enjoy significantly lower rice prices

NEDA not keen on setting floor price for palay

Sep 03, 2019 - 3:00 PM

Socioeconomic Planning Assistant Secretary Mercedita Sombilla says limiting how low palay prices can go would go against the purpose of the rice tariffication law

Farmers seek floor price as palay sells for just P7 per kilo

Sep 02, 2019 - 4:55 PM

Producing palay in the Philippines costs around P12 per kilo, but some farmers say they are forced to sell their harvest at P7 just to compete with imported rice

Gasoline, diesel prices slightly going down on August 27

Aug 26, 2019 - 10:20 PM

But kerosene prices will increase on Tuesday, August 27

Current gas prices at a QC Gas Station. August 20, 2018. Photo by Jire Carreon/Rappler

Oil prices to go up on August 20

Aug 19, 2019 - 3:10 PM

Some oil companies will be raising pump prices of petroleum goods more than others

Fuel price rollback set for August 13

Aug 12, 2019 - 2:05 PM

After no adjustments the previous week, pump prices are going down on Tuesday, August 13

Inflation remains low at 2.4% in July 2019

Aug 06, 2019 - 9:00 AM

(UPDATED) Inflation remains within target for the 6th straight month, but economists warn of the so-called base effect

Court stops DOE from unbundling fuel prices

Aug 05, 2019 - 9:25 PM

The Department of Energy faces multiple cases on its move to break down how oil companies come up with fuel prices

Gasoline prices down, diesel up on July 30

Jul 29, 2019 - 6:00 PM

Gasoline prices will get a reduction of almost P1 per liter, while diesel prices will see a slight increase

Government to set SRPs for imported, local rice

Jul 17, 2019 - 9:05 PM

Once implemented, suggested retail prices for rice would be adjusted every two weeks to reflect landing costs and average farmgate prices of palay

Workers stacks sacks of rice inside the NFA warehouse in Quezon City on February 19, 2019. Officials of the National Food Authority lamented on Tuesday the 'definite' layoffs in the agency following President Rodrigo Duterte's signing of the Rice Tariffication Law. The law, which will replace the present quotas on rice imports with taxes, removes the NFA's power to import and distribute cheaper grain, leaving it with the sole task of buying grain from farmers to maintain buffer stocks, said agency administrator Tomas Escarez. Photo by Darren Langit/Rappler

Oil prices to rise on July 16

Jul 15, 2019 - 5:25 PM

Gasoline prices will increase for the 5th straight week, while diesel and kerosene prices are following the trend after falling last week

Gasoline prices up, diesel down on July 9

Jul 08, 2019 - 2:55 PM

Global forces bring down diesel and kerosene prices, while gasoline prices are going up for the 4th straight week

Inflation slows down to 2.7% in June 2019

Jul 05, 2019 - 9:03 AM

(UPDATED) This is well within the government's target and the lowest inflation rate since September 2017

Big-time oil price hike set for July 2

Jul 01, 2019 - 11:30 AM

Oil prices will rise for the 3rd consecutive week due to geopolitical and trade tensions overseas

Oil prices to go up again on June 25

Jun 24, 2019 - 2:05 PM

Oil companies will implement another price hike on Tuesday, June 25, amid uncertainties in the global market

OPPO Reno 10x Zoom priced at P45,990

Jun 19, 2019 - 5:35 PM

The base Reno will retail for P26,990

RENO 10X. Photo by Gelo Gonzales/Rappler

After 3 rollbacks, oil prices going up on June 18

Jun 17, 2019 - 2:05 PM

Gasoline, diesel, and kerosene prices will increase on Tuesday, June 18

A gasoline attendant fills up a car with gas at a gasoline station in Quezon City on Tuesday, April 16, 2019. Photo by Darren Langit/Rappler

OPPO Reno 10x: Specs, price, availability in the Philippines

Jun 13, 2019 - 6:42 PM

OPPO's next high-end device is coming this month to the Philippines

Cocoa prices soar as Ivory Coast, Ghana threaten supply cut

Jun 13, 2019 - 3:35 PM

Ivory Coast and Ghana, which together account for 60% of the world's cocoa production, summon buyers to demand a price of $2,600 per ton

Women members of an agricultural cocoa cooperative put cocoa beans to dry on April 17, 2019 in a farm near Adzope, southern Ivory Coast. - US president's daughter, who attended a Women Entrepreneurs Finance Initiative (We-Fi) West Africa Regional Summit, unveiled on April 17 $2.0 million in aid for women working in Ivory Coast's key cocoa sector. (Photo by ISSOUF SANOGO / AFP)

China inflation hits highest level in 15 months

Jun 12, 2019 - 4:55 PM

Rising pork and fruit prices lead to higher inflation in China for May 2019

A customer (L) buys meat at a market in Shenyang in China's northeastern Liaoning province on June 12, 2019. - Inflation in China rose to its highest level in more than a year in May driven by surges in pork and fruit prices due to the African swine fever epidemic and bad weather, official data showed on June 12. (Photo by STR / AFP) / China OUT

Oil prices to drop further on June 11

Jun 09, 2019 - 2:54 PM

Tuesday, June 11, is the best time to fill up that tank, as oil prices are set to drop by over P2 per liter

Inflation inches up to 3.2% in May 2019

Jun 05, 2019 - 9:05 AM

(UPDATED) The Philippines' inflation rate rises in May 2019, the first time that it rose after 6 straight months of slowdowns. Did the central bank cut rates too soon?

Gasoline prices to go down by P1.70 per liter on June 4

Jun 02, 2019 - 6:05 PM

Don't fill up that tank just yet – a big-time rollback on petroleum products is set for Tuesday, June 4

Global airline body warns of U.S.-China trade war spillover

Jun 02, 2019 - 4:25 PM

The International Air Transport Association revises its 2019 collective net profit outlook down to $28 billion, as the US-China trade war escalates and costs go up

OnePlus 7 Pro: Price, specs, availability in the Philippines

Jun 01, 2019 - 7:00 AM

The phone has been earning enormous praise for its value

ONEPLUS 7 PRO. Screenshot from OnePlus


Oil prices to go down on May 28

May 27, 2019 - 11:56 AM

The rollback on Tuesday, May 28, will reflect the latest movements in the global market

Fuel prices to go up on May 21

May 20, 2019 - 1:55 PM

Oil companies will raise fuel prices on Tuesday, May 21, after two straight rollbacks

Samsung Galaxy A70: Price, specs, features in the Philippines

May 16, 2019 - 4:58 PM

It competes with the Xiaomi Mi 9 and the Vivo V15 Pro

DTI defends higher SRPs for some goods

May 07, 2019 - 7:05 PM

The Department of Trade and Industry says it protects consumers and at the same time 'negotiates with manufacturers on the most reasonable price adjustments,' if needed

Commonwealth Public Market on April 26, 2019. Photo by Darren Langit/Rappler

Inflation again settles within target at 3% in April 2019

May 07, 2019 - 9:03 AM

(4th UPDATE) As inflation eases further in April, analysts are looking at whether the Bangko Sentral ng Pilipinas will cut the benchmark interest rate or the reserve requirement ratio

Vegetables at the Commonwealth Public Market on Sunday, April 28, 2019. Photo by Darren Langit/Rappler