Retail food prices in the Philippines opened 2026 on a mixed note, with staples such as rice, chicken, and fish edging higher, while red onion prices eased from December spikes—highlighting uneven supply dynamics as the market adjusts after the holidays.
The country closed November with fuller rice granaries, even as corn inventories cooled heading into December—signaling mixed dynamics in staple food supply chains.
Rice stocks in the country rose 3.8 percent year-on-year to 2.55 million metric tons as of November 1, driven largely by the National Food Authority’s aggressive inventory buildup, the Philippine Statistics Authority said.
Palay prices in the Philippines inched up to P15.89 per kilo in October from P15.60 in September, following the government’s rice import ban aimed at boosting farm gate prices, according to data from the Philippine Statistics Authority.
The Energy Regulatory Commission (ERC) has approved the National Grid Corporation of the Philippines’ (NGCP) proposed P2.79-billion Laoag power quality improvement project in Ilocos Norte.
The Philippines generated ₱339.76 million in sales leads after a three-city tourism sales mission in India following its participation in the Outbound Travel Market (OTM) 2026 in Mumbai.
The country’s foreign currency reserves remained strong at the end of April 2026, even as the country recorded a wider gap between money flowing in and out of the economy.