As of January 2024, the prices of essential goods in the Philippines increased compared to the same month in the previous year. With the exception of rice, most basic goods noted a significant increase in prices. For instance, the price of six kilograms of meat rose from nearly 1,600 Philippine pesos in 2022 to 1,843 Philippine pesos in 2024. In addition, the cost of eight kilograms of vegetables increased from 698 to 857 Philippine pesos.
Price of basic food products in the Philippines from January 2022 to January 2024
(in Philippine pesos)
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Businessworld. (January 19, 2024). Price of basic food products in the Philippines from January 2022 to January 2024 (in Philippine pesos) [Graph]. In Statista. Retrieved September 01, 2024, from https://www.statista.com/statistics/1347710/philippines-price-of-basic-food-products/
Businessworld. "Price of basic food products in the Philippines from January 2022 to January 2024 (in Philippine pesos)." Chart. January 19, 2024. Statista. Accessed September 01, 2024. https://www.statista.com/statistics/1347710/philippines-price-of-basic-food-products/
Businessworld. (2024). Price of basic food products in the Philippines from January 2022 to January 2024 (in Philippine pesos). Statista. Statista Inc.. Accessed: September 01, 2024. https://www.statista.com/statistics/1347710/philippines-price-of-basic-food-products/
Businessworld. "Price of Basic Food Products in The Philippines from January 2022 to January 2024 (in Philippine Pesos)." Statista, Statista Inc., 19 Jan 2024, https://www.statista.com/statistics/1347710/philippines-price-of-basic-food-products/
Businessworld, Price of basic food products in the Philippines from January 2022 to January 2024 (in Philippine pesos) Statista, https://www.statista.com/statistics/1347710/philippines-price-of-basic-food-products/ (last visited September 01, 2024)
Price of basic food products in the Philippines from January 2022 to January 2024 (in Philippine pesos) [Graph], Businessworld, January 19, 2024. [Online]. Available: https://www.statista.com/statistics/1347710/philippines-price-of-basic-food-products/