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Rice price expected to rise by P5/kilo – Agri group

(UPDATE) AN agricultural group on Friday warned that the retail price of rice could go up to between P4 and P5 a kilo in October following the delay in the release of government subsidies to farmers.

Jayson Cainglet, executive director of Samahang Industriya ng Agrikultura, said rice could retail between P43 and P44 per kilo from the current P38 to P39 a kilo.