Further increase in price of rice expected
CONSUMERS and marketgoers will need to dig deeper in their pockets, as the price of regular and well-milled rice is expected to increase in the following months.
Prices in retail stores are expected to rise by P2 to P3.
This is because of the expected entry of the wet or rainy season in the country.
Reports of price increases were affirmed by agri-group Samahang Industriya ng Agrikultura (SINAG) when they have started the imported rice by P2.
In fact, minimal increases per cavan and rice wholesale was already detected. (Ahikam Pasion)
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