Lower food prices in February contributed to a drop in inflation to 2.1 percent for the month. This was slower than both central bank and market forecasts, and marked a significant decline from 2.9 percent in January.
The Department of Agriculture (DA) is considering reconvening with local pork stakeholders as it grapples with low compliance rates following the implementation of the maximum suggested retail price (MSRP) for pork in the National Capital Region’s wet markets.
The Department of Agriculture (DA) has successfully implemented a maximum suggested retail price (MSRP) for imported rice, leading to a notable reduction in prices and providing relief to Filipino consumers. The policy, introduced in early February, has resulted in a significant drop in rice prices without causing major disruptions to the rice industry.
Agriculture Secretary Francisco P. Tiu Laurel Jr. recently led the turnover of key outputs from the Department of Agriculture-Bureau of Soils and Water Management's (DA-BSWM) Mobile Soil Laboratory (MSL) pilot project in Tarlac. The pilot, conducted from 20 January to 7 March 2025, covered 17 towns and one city, delivering essential soil testing services aimed at improving agricultural productivity.