House to probe farmgate, retail prices gap


by The Philippine Star

The Philippine Star— he House of Representatives will conduct an inquiry into the spiraling cost of basic commodities amid low farmgate prices when session resumes on April 29.

The Philippine Star—‘Traders must explain soaring prices of goods in probe’. Traders and middlemen must give the proper responses to congressmen, once the House committee on trade and industry continues its inquiry on the soaring prices of basic goods despite plunging farmgate prices, Speaker Ferdinand Martin Romualdez said last Monday.

Bloomberg.com—UK House Prices Fall Again After Mortgage Rates Creep Higher. UK house prices fell at the sharpest pace in eight months after the cost of mortgages crept higher, one of the country’s biggest lenders said.

www.sunderlandecho.com—North East house prices rising at sharpest rate in the UK. North East property prices are rising faster than anywhere else in the UK. The latest Land Registry statistics show house prices across the region rose to an average £160,406 in February, a monthly jump of 3.2%, and 2.9% year-on-year. Across England as a whole, prices rose by 0.6 % in February but were down by 1.1% over the previous 12 months. Scotland saw prices fall by an average of 0.6% during February, but that still represented a year-on-year rise of 5.6%. The picture was reversed in...