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PIA Press Release
2005/12/08

Aklan supply of goods stable, minimal price increase noted

by VG Villanueva

Kalibo, Aklan (8 December) -- Supply and prices of basic necessities and prime commondities in Aklan as of mid-November remain stable except for 8 mm steel bars which increased by 11.11% against last month's price due to the higher purchase price brought about by the increase in the cost of raw materials.

This assessment is contained in the monthly price monitoring report of the Department of Trade and Industry (DTI) here, headed by Provincial Director Ermelinda Pollentes. Copies of this report were furnished to key DTI central and regional offices, Aklan government officials, some vital government agencies and tri-media outlets.

In the report, the price of a 12 mm bar also rose by a peso, from P154.00 last month to P155.00 now, but a bar of 10 mm also decreased in price, from P107.00 a month ago to P105.00 now.

Other basic goods registered very minimal price increases. A can of sweetened Carnation creamer, for example, which cost P32,90 a month ago now costs P33.50, while a 50 gms Blend 45 coffee costing P24.30 a month ago now costs P25.00. There are items too, which decreased in prices. Alaska EVAP milk cost P26.05 a month ago, but now it could be bought at P25.80 per can; refined sugar last month cost P30.65 but now it is P30.00 per kilo. There were no price increase in candles, bread and most brands of canned sardines except 555 which cost P9.75 last month but now costs P9.80 a can.

Meanwhile, the Office of the Provincial Agriculturist here, headed by Delano Tefora, in its October report bared that a 10% increase in prices of vegetables was noted in the market in Kalibo attributed to oil price increase.

The price of fish of some varieties also increased to about 10% compared to last month. Other varieties registered a decrease in price, while others remained the same.

Tefora said the prices they obtained were from the public market in Kalibo and computed in a weekly average price formula to arrive at the monthly average range. (PIA) [top]

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