The Department of Agriculture (DA) and Department of Trade and Industry (DTI) said on Thursday that the prices of vegetables and basic commodities are seen to stabilize this December.
The DA said the stability of vegetable prices, especially during the holiday season, will depend if good weather continues after a series of typhoons ravaged vegetable-producing areas in October and early November.
"What's good is that if there will be no more typhoons in vegetable-producing areas in Northern, Central, and Southern Luzon, vegetable production will continue to recover. The volume will increase anew, and it will go back to the normal price levels," said Agriculture Secretary Arnel de Mesa.
He added that based on the agency's November 27 monitoring, prices of carrots slightly dropped to P140 per kilogram to P200 per kilogram from the range of P140 per kilogram to P240per kilogram on November 22; lettuce Romaine, now ranging from P150 to P400 per kilogram from P190/kg to P400per kilogram; green ice lettuce with peak price set at P390 per kilogram slightly lower than the P400 per kilogram level. Prices of Baguio beans, pechay Baguio, cauliflower, and celery, however, remain elevated.
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