Added Title

DLSU-AKI Policy Brief Volume II, No. 1

Document Type

Policy Brief

Publication Date

2008

Place of Publication

DLSU-Angelo King Institute, Room 223, LS building, 2401 Taft Avenue, Manila 0922

Abstract

In 2008, prices of rice and fuel in the Philippines have dramatically increased following the trends in the global market. Although the movements in the farmgate (producer) and retail (consumer) prices of rice is fairly stable during the period January 2006 to December 2007, prices significantly increased starting January 2008 (Figure 1). The average retail prices of rice for the period January to September 2008, in fact, increased by 34.3 percent as compared to 3.7 percent growth in the previous year. Meanwhile, farmgate prices increased by 26.7 percent in January to September 2008 as compared to the previous year’s growth of only 4.5 percent. During the period, price of rice was at its highest in June 2008 with farmgate and retail prices of ordinary rice at P27.98 per kilogram and P35.78 per kilogram, respectively

html

Disciplines

Agricultural and Resource Economics | Agricultural Economics

Keywords

Rice and Fuel Prices; Philippines; poverty; growth

Upload File

wf_yes

Share

COinS
 
 

To view the content in your browser, please download Adobe Reader or, alternately,
you may Download the file to your hard drive.

NOTE: The latest versions of Adobe Reader do not support viewing PDF files within Firefox on Mac OS and if you are using a modern (Intel) Mac, there is no official plugin for viewing PDF files within the browser window.