Rice prices up 30.25% in January

THE average price of well-milled rice increased annually by 30.25 percent in January, the Philippine Statistics Authority (PSA) said on Monday.

Latest data from the PSA showed that the selling price of well-milled rice averaged P49.86 per kilo in the first month of 2024, which is higher than the P38.28 per kilo posted in the same month last year.