‘Sari-Sari’ Store Prices up 11% Since 2023

‘Sari-sari’ store prices up 11% since 2023

MANILA, Philippines — “Sari-sari” store prices remain on the rise even if the country’s overall inflation has steadily declined for months, according to a study. While inflation steadily declines, even hitting a six-year low in May — Filipinos at the grassroots level continue to feel the pinch as prices in neighborhood sari-sari stores ironically, continues to rise. According to the Philippine Statistical Authority (PSA), headline inflation slow…

Sari-Sari Stores Grapple With Rising Prices Despite Declining Inflation - Packworks Study

Manila, Philippines — Despite the nationwide decline in inflation, prices of various goods continue to rise in sari-sari stores across the Philippines.New data from Filipino tech startup Packworks, which analyzed more than one million monthly sales transactions from its network of over 300,000 sari-sari stores nationwide through its mobile app and business intelligence tool, Sari IQ, tracked price movements across multiple product categories fro…