AreaPhilippines

Commodity GroupRice

CommodityAll

Date25/06/2018

Policy CategoryConsumption and marketing

Policy InstrumentPrice controls

DescriptionEstablished Suggested Retail Prices (SRPs) for eight basic foodstuffs in Metro Manila. Prices of commodities subject to SRPs would accordingly not be able to exceed the SRP level by more than 10 percent, without sellers facing sanctions. In the case of regular milled rice, the SRP was set at PHP 39 (USD 0.72) per kg.

NotesExchange rate as of 15 October 2018.