Production of rice, the basic commodity for food security, has been increasing.
There is evidence that basic commodities are in greater demand.
Across the world the cost of basic commodities is soaring.
They cost the Government more than $3 billion a year and cover several basic commodities.
Vendors at city markets said the prices of basic commodities had doubled.
The sari-sari store allows members of the community easy access to basic commodities at low costs.
To me, steel is a basic commodity that we have to make in this country.
"We cannot wait until the price of basic commodities rises again."
By trying to counter inflation, the government set price controls on many basic commodities.
Another big drop in the price of basic commodities gave impetus to the credit markets yesterday.