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Rice prices up in September

October 15, 2023
in News
Rice prices up in September
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Prices of well-milled rice went up in September, while the cost of onions went down a tad, the Philippine Statistics Authority (PSA) said in a report.

PSA data showed that the average retail price of well-milled rice reached P48.14 per kilogram (kg) in September 1 to 5, higher by 5.6 percent than the P45.57 per kg posted in August.

“Among regions, Zamboanga Peninsula (Region 9) reported the highest average retail price of regular milled rice at P53.42 per kg,” the PSA said.

Western Visayas or Region 6 posted the lowest average retail price of the staple at P43.18 per kg during the period.

This photo shows well-milled rice being sold for P45 a kilo at Nepa Q-Mart in Quezon City on September 12, 2023. PHOTO BY JOHN ORVEN VERDOTE

This photo shows well-milled rice being sold for P45 a kilo at Nepa Q-Mart in Quezon City on September 12, 2023. PHOTO BY JOHN ORVEN VERDOTE

This photo shows well-milled rice being sold for P45 a kilo at Nepa Q-Mart in Quezon City on September 12, 2023. PHOTO BY JOHN ORVEN VERDOTE

The average price of regular milled rice also went up by 5.63 percent to P48.14 per kg in the same period, compared to the P45.57 per kg posted from August 15 to 17.

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Meanwhile, the price of red onions went down by 3.8 percent to P199.97 during the same period, lower than the P206.79 posted in the latter days of August.

“Northern Mindanao (Region 10) had the highest average retail price of red onion at P240 per kilogram during the first phase of September 2023,” PSA said.

The Ilocos Region recorded the lowest average retail price of onions at P154.17 per kg.

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Copyright for syndicated content belongs to the linked Source : The Manila Times – https://www.manilatimes.net/2023/10/15/news/rice-prices-up-in-september/1914820

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