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Consumers urged to buy local amid rising prices of goods, gas

LOCAL PRODUCTS. A trade fair in Tacloban City in this June 9, 2022 photo showcasing local products. The Department of Trade and Industry (DTI) on Tuesday (June 14, 2022) asked buyers in Eastern Visayas to patronize local products as prices of goods continue to rise due to fuel price hikes.(PNA file photo) TACLOBAN CITY - The Department of Trade and Industry (DTI) has asked buyers in Eastern Visayas to patronize local products as prices of basic goods continue to rise due to fuel price hikes. Local products are not affected by the adjustment of oil prices in the global market, DTI Regional Director Celerina Bato said on Tuesday. "Our local producers make use of our local raw materials instead of imported materials. We have been clamoring to buy local and support our local producers," Bato said. As a strategy, the trade department has been organizing trade fairs to help promote local products and link producers to local institutional buyers. "Our message is to support micr ....

Philippines General , Celerina Bato , Philippine Statistics Authority , Eastern Visayas , Director Celerina Bato , Local Productsa Trade Fair In Tacloban City This June 9 , 022 Photo Showcasing Local Products The Department Of Trade And Industry Dti On Tuesday June 14 , 022 Asked Buyers In Eastern Visayas To Patronize Local Products As Prices Of Goods Continue Rise Due Fuel Price Hikes Pna File Photo Tacloban City The Department Trade And Industry Dti Has Basic Are Not Affected By Adjustment Oil Global Market , Ti Regional Director Celerina Bato Said On Tuesday Quot Our Local Producers Make Use Of Raw Materials Instead Imported We Have Been Clamoring To Buy And Support , Uot Bato Said Asa Strategy , He Trade Department Has Been Organizing Fairs To Help Promote Local Products And Link Producers Institutional Buyers Quot Our Message Is Support Micro , Mall And Medium Enterprises By Shifting Their Buying Patterns Towards The Consumption Purchase Of Local Fresh Produce Manufactured Goods , Uot She Added Patronizing Local Products Isa Way Of Coping With The Impacts An Increase In Inflation Rate Eastern Visayas 39 Rose To 6 3 Percent May , He Highest Acceleration Recorded Since November 2018 , Ccording To The Philippine Statistics Authority Psa Acceleration In Region 39s Inflation Rate May 2022 Was Primarily Due Increases Cost Of Transport , Nd Other Fuels , Personal Care , Nd Miscellaneous Goods And Services The 6 3 Percent Inflation Rate Increase Means That Cost Php100 In May 2021 Are Already Worth Php106 2022 Meanwhile , Ato Said Retail Stores Are Compliant With The Suggested Price Srp Based On Their Weekly Monitoring Of Region 39s Six Provinces Quot Focus Our Cities And Capital Towns We Do It Monthly In Other So Far , Ur Retailers Are Complaint To The Existing Srp , Uot Bato Added The Dti Issued New Srp For Necessities And Prime Commodities Last May 22 Pna ,

Eastern Visayas inflation rate jumps to 6.3% in May

PRICE HIKES. Table shows the inflation in May 2022 recorded in Eastern Visayas and its six provinces. Eastern Visayas' official inflation rate rose to 6.3 percent in May, the highest acceleration recorded since November 2018, the Philippine Statistics Authority reported on Monday (June 13, 2022). (Photo courtesy of PSA) TACLOBAN CITY - Eastern Visayas' official inflation rate rose to 6.3 percent in May, the highest acceleration recorded since November 2018, the Philippine Statistics Authority (PSA) reported on Monday. PSA Eastern Visayas Regional Director Wilma Perante said the acceleration in the region's inflation rate in May 2022 was primarily due to increases in the cost of transport, housing, water, electricity, gas and other fuels, personal care, and miscellaneous goods and services. "That means that goods and services that cost PHP100 in May 2021 is already worth PHP106.3 in May 2022," Perante said in a phone interview Monday. Other contributors to the upwa ....

Southern Leyte , Philippines General , Wilma Perante , Philippine Statistics Authority , Visayas Regional Director Wilma Perante , Eastern Visaya , Cordillera Autonomous Region , Northern Samar , Eastern Samar , Price Hikes Table Shows The Inflation In May 2022 Recorded Eastern Visayas And Its Six Provinces 39 Official Rate Rose To 6 3 Percent , He Highest Acceleration Recorded Since November 2018 , He Philippine Statistics Authority Reported On Monday June 13 , 022 Photo Courtesy Of Psa Tacloban City Eastern Visayas 39 Official Inflation Rate Rose To 6 3 Percent In May , He Philippine Statistics Authority Psa Reported On Monday Eastern Visayas Regional Director Wilma Perante Said The Acceleration In Region 39s Inflation Rate May 2022 Was Primarily Due To Increases Cost Of Transport , As And Other Fuels , Personal Care , Nd Miscellaneous Goods And Services Quot That Means Cost Php100 In May 2021 Is Already Worth Php106 3 2022 , Uot Perante Said Ina Phone Interview Monday Other Contributors To The Upward Trend Of Region 39s Inflation Rate During Month Are Restaurants And Accommodation Services Information Communication Alcoholic Beverages Tobacco Furnishings , Household Equipment , Nd Routine Household Maintenance Recreation , Nd Culture And Health Perante Said Inflation Rate For Food Non Alcoholic Beverages Commodity Group Was At 6 1 Percent Meat Other Parts Of Slaughtered Land Animals Fruits Nuts Continued To Register Double Digit Rates 17 11 7 , Espectively Among Regions , Astern Visayas 39 Inflation Rate Last May Ranked Fourth Highest In The Country Cordillera Autonomous Region Registered At 6 9 Percent Of Six Provinces , Outhern Leyte Province Posted The Highest Rate At 8 7 Percent , Ollowed By Northern Samar 7 1 Percent , Eyte 6 7 Percent ,