SECTOR: Agriculture
SONA YEAR: 2022
Find ways to bring down food prices
PROMISE STATUS - DATE: In progress as of 07/17/2023
- On Nov. 16, 2022, the DA launched the Kadiwa ng Pasko caravan to control the high cost of agricultural commodities during the holiday season. This was later rebranded as “Kadiwa ng Pangulo” with its first pop-up store launched in Cebu.
- While Kadiwa stores sold relatively cheaper goods, with rice at P25 per kilo, consumers still suffered from high inflation rate in the first quarter of the year. Philippine Statistics Authority reported that in January, inflation in the country accelerated to a new 14-year high of 8.7% due to rising utility, housing and food costs.
- Retail prices of onion skyrocketed in the last week of December 2022 and while rice is sold at P25 per kilo in Kadiwa Centers, the staple still ranges from P36-50 per kilo in Metro Manila public markets.