Magkakasunod na oil price hike, mala-domino na ang epekto sa mga bilihin | 24 Oras Weekend
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Transcript
00:00 From drivers, businessmen, to buyers, oil products are being sold in successive orders.
00:08 This is the so-called domino effect on their livelihoods in the use of Makipolido.
00:13 These bananas were from Isabela, which were planted this morning in Commonwealth Market, Quezon City.
00:21 If the return trip was P12,000 last June, not including toll and other expenses, now it's P14,500.
00:30 They will not grow there anymore because the income is only P4,500.
00:34 The driver, farmer, toll and food will be paid for the trip.
00:38 To recover the expenses for the trip, the previous P16 per kilo of rice will be reduced to P18.
00:45 Maybe this is their last trip.
00:47 The price of rice is expensive. The toll gate is expensive.
00:51 One of his regular customers is the wholesaler of the banana, Leo.
00:54 He will charge P18 per kilo of rice for P2.
00:58 He says he has almost no income there.
01:01 He just needs to pay for the maintenance of the store and the rent of the place.
01:05 They cannot raise the price because the sales will be too high.
01:09 If the customer cannot afford it, we will just absorb it.
01:13 Instead of making more money, we will not.
01:15 In that situation, Maribel still finds it difficult to make ends meet.
01:22 Because of the domino effect of the increase in gasoline and diesel,
01:25 she feels that the problem is not only the price of bananas but also the expensive LPG, oil, flour and sugar.
01:33 She is already charging P1,000, P1,500.
01:38 Even if my roots are hurting, I am still doing this.
01:41 It is really hard in the budget every day.
01:45 In order to earn money to buy food and to educate their children, they are already charging P5,600.
01:51 Even if I am ashamed, we are eating soy, oil or noodles.
01:58 Sometimes, my children get tired of noodles because of the saltiness.
02:03 The oil price hike is not yet over.
02:05 On Tuesday, the price of gasoline and diesel is expected to rise by more than P1.
02:11 On Friday, the price of diesel was raised by more than P7 per liter, and the price of gasoline was raised by more than P12.
02:18 The Oil Industry Management Bureau said that this is still an effect of the reduction of oil production in Saudi Arabia.
02:26 For GMA Integrated News, Mackie Pulido, for 24 Hours.
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