Mindanao Times

Expensive Xmas seen

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IF YOUR holiday celebratio­ns include fruit salad, leche flan, and halo-halo, you may need to rethink your menu. As the Packworks Sari IQ reported, prices of culinary milk, cream, canned fruits, and cooking oils increase in sari-sari stores, jeopardizi­ng Filipinos’ noche buena and media noche plans.

Andres Montiel, chief stressor. pack of evaporated data officer of Packworks, The price of milk and milk now cost P10 to P15 said consumers are already cream went up by 11.84 more than the previous feeling the squeeze of the percent. A 250-milliliter price. rising cost of living, and pack of purpose cream, “The reason for the an increase to the cost of 300-milliliter pack of condensed price increase is that culinary holiday staples is another milk, and 370-milliliter milk and creams are normally imported from other countries. The increasing dollar rate over the peso affects the commodity prices since these are imported,” Montiel said.

Prices of palm, vegetable, and canola oils soared by 5.95 percent and are now being sold for approximat­ely P80 more per liter, while prices of spreads such as mayonnaise and peanut butter increased by 5.77 percent and now cost P40 more per kilo. Dairy products like cheese, margarine, and chilled ice cream got 5.28 percent more expensive at around P30.

Canned goods also grew costlier by 5.26 percent. Prices of canned nata de coco, whole and creamstyle corn, kaong, pineapple chunks, and fruit cocktails jumped by eight pesos to P20. Other canned products such as corned beef, tuna, meatloaf, and sardines rose by five pesos.

These items are often

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