Speaker Romualdez elated with drop in rice prices in local markets
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NewsTranscript
00:00House Speaker Martin Romualdez is elated with a drop in rice prices.
00:04The leader of the lower house along with House Deputy Majority Speaker Erwin Tulfo, officials
00:11from the Department of Trade and Industry or DTI, Department of Agriculture or DA, and
00:16Philippine Rice Industry Stakeholders Movement or PRISM inspected several markets in Metro
00:22Manila.
00:23They observed the downtrend in the prices of rice, with broken rice being sold at P42
00:28pesos per kilo and well-milled rice at P45 pesos a kilo.
00:33Speaker Romualdez said, this is proof that the steps being taken by the Marcos administration
00:38are effective to make basic goods in the country more affordable.
00:42We are just inspecting, we are monitoring the prices of rice, this is where we can see