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Romualdez, Tulfo monitor prices of noche buena items

House Speaker Ferdinand Martin Romualdez and ACT-CIS Partylist Rep. Erwin Tulfo check prices of noche buena items and other goods such as rice, onions, garlic, vegetables, meat and eggs at Farmers Market in Cubao, Quezon City on Monday, November 27, 2023.

Photos and video from Speaker Romualdez Media Bureau

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Transcript
00:00 We can see that the price of rice is rising again.
00:04 And we need to go back to the Bulacan, the intercity, if that's the source.
00:11 The previous traders, the three importers.
00:16 We'll try to find out what's the reason why the rice is rising again.
00:22 Although there's a store down there, we saw 45 per kilo.
00:26 There's also 50 here, there's a rise.
00:33 The sales are steady.
00:37 Sir, the retailers, they don't know the reason why the prices are going up?
00:41 They're thinking that maybe the imports are not enough.
00:46 Because that's mixed with local production and importation.
00:51 Or maybe the rice is not enough.
00:54 We'll check it.
00:56 But in our opinion, it's not a big problem.
01:00 But of course, we're monitoring it regularly.
01:02 So that it's not like it's suddenly rising, that everything is suddenly rising.
01:07 That's the reason why we're here.
01:10 So the inspection should be regular so that the Congress can monitor it.
01:14 And we'll really know the root of the problem.
01:18 Sir, your thoughts on just boiling the eggs?
01:21 So that the consumers won't be fooled by the prices?
01:24 Of course, the sellers will be fooled.
01:28 They'll control the prices.
01:33 And that's still an option.
01:37 We can probably call for an oversight committee hearing.
01:40 For an expo.
01:42 For all.
01:44 Eggs, eggs, and all.
01:46 Because Christmas is coming.
01:50 Less than a month.
01:52 One month to go.
01:53 We're one month away.
01:55 So it's important that all Filipinos have a good purchase.
02:02 And at the right price.
02:05 Sir, does the boiling of eggs need a bill?
02:08 Or is it already with the retailers?
02:10 It's with the retailers.
02:12 In coordination with DTI.
02:13 So that the price control is correct.
02:16 And we're also asking the suppliers and producers to stabilize the prices.
02:30 Not to lower the prices of commodities.
02:33 You know, it's Christmas.
02:35 So that everyone's happy.
02:36 And we'll make up for it.
02:38 And you know, if you do it right, God will teach us.
02:43 So that's what we're asking from all of our suppliers and traders.
02:49 Producers, if you can lower or maintain the prices of commodities.
02:55 Sir, what about meat?
02:56 They said earlier that they'll lower the prices.
03:00 Let's compare it to last year.
03:02 The prices were good.
03:03 The same goes for onions and other vegetables.
03:07 We're happy with the prices of the commodities that are being sold here.
03:14 What about rice?
03:15 We can see that it's rising a bit.
03:19 So we should be careful.
03:22 We'll go to Bulacan again.
03:25 So that we can know if the supply is enough.
03:28 Or if someone's hoarding.
03:30 And we'll also monitor the level of importation.
03:36 And also the level of local production.
03:39 [BLANK_AUDIO]
03:49 [BLANK_AUDIO]