Rice prices higher; lower imports seen

By Janine Alexis Miguel

Dec 16, 2023 12:27 am

RICE prices increased by 2.2 percent in November amid projections that imports of the staple will be lower this year compared to 2022.

Latest data from the Philippine Statistics Authority (PSA) showed that the average price of well-milled rice stood at P47.21 per kilo (kg) in November, higher than October's P46.20 per kg.

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