Trade and markets
 

Detail

Area
Philippines
Commodity Group
Rice
Commodity
All
Date
25/06/2018
Policy Category
Consumption and marketing
Policy Instrument
Price controls
Description
Established Suggested Retail Prices (SRPs) for eight basic foodstuffs in Metro Manila. Prices of commodities subject to SRPs would accordingly not be able to exceed the SRP level by more than 10 percent, without sellers facing sanctions. In the case of regular milled rice, the SRP was set at PHP 39 (USD 0.72) per kg.
Notes
Exchange rate as of 15 October 2018.