P58/kg maximum SRA sa bigas, ipatutupad ng D.A. sa Jan. 20

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Transcript

00:00The maximum suggested retail price of imported rice is now effective on January 20.

00:05The details in the news of Isaiah Mirafuentes.

00:10Twice a month, Alaisa goes to the grocery store.

00:14They say they have a lot of residents in their house,

00:16and they are able to afford their 12,000 pesos budget in groceries every month.

00:20If you look at it, it's big.

00:22But it looks like Alaisa only bought 10.

00:25That's why she's worried if the price of what she bought will increase.

00:29Of course, it's hard, especially for people like us.

00:32We don't have that much work. It's hard.

00:35But according to the Department of Trade and Industry,

00:38it's possible that the price of what they bought will increase.

00:41But they assure that it won't reach 5%.

00:45Actually, these manufacturers, they really also understand the plight of the consumers.

00:51So, they understand.

00:53So, we also have constant conversations and constant meetings with them.

00:59Some of the expected increases are bread, sardines, noodles, coffee, and milk.

01:05While the Department of Archiculture will set the maximum suggested retail price for imported rice.

01:11According to the DA, from January 20, the most expensive imported rice is already 58 pesos.

01:17We cannot set it. We will recommend to the President price ceilings.

01:21The President will declare the price ceilings.

01:25As of now, the price of imported rice has reached 65 pesos.

01:29They will also consult with the supermarkets

01:32to make sure that the expected price of imported rice will follow.

01:36The DA is also starting to sell cheap rice at the price of 36 pesos.

01:42And through this, the price of rice will drop.

01:46Maybe a little. Because, of course, if more people buy the cheap rice,

01:52the demand will shift.

01:54The demand will move from this 5% rice to cheap rice.

01:59It is expected that there will be a full launching of cheap rice in the next few days.

02:05From PTV, Isaiah Mirafuentes, Balitang Pambansa.

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