Monthly Commercial Stocks Survey to be rolled out by the Philippine Statistics Authority this February 2021

Reference Number: 

2021-02

Release Date: 

Friday, January 29, 2021

Monthly Commercial Stocks Survey to be rolled out by the Philippine Statistics Authority this February 2021

 

Date of Release:  29 January 2021   

Reference No. 2021-02

SOCD Chief Maribel L. Bernardo joins with staff of Occidental Mindoro Provincial Statistics Office on the following activities during the transition phase of the conduct of Commercial Stocks Survey by the National Food Authority (NFA): a) coordination meeting with Ms. Kathlyn M. Gonzales, Assistant Manager of NFA Mamburao (left), b) monitoring the rice and corn stocks inventory of a sampled warehouseman (top right), and c) visit to the corn field of the sample grains businessman (bottom right).

 

28 January 2021 – CALAPAN CITY. Pursuant to the Section 3 Rule 3.5 of the Implementing Rules and Regulations of Republic Act 11203, known as the Rice Tariffication Law, the monthly conduct of the Commercial Stocks Survey has been transferred to the Philippine Statistics Authority (PSA) from the National Food Authority (NFA).

Beginning February 2021, the conduct of CSS will be implemented for the first time by the PSA in all provinces in the MIMAROPA Region. There are 27 trained Statistical Researchers to be deployed on 971 sampled grains businessmen and firms to collect vital information on rice and corn stocks inventory through a face-to-face paper-and-pencil interview (PAPI). The data collection is done during the first four days of the month with the first day of the month as the reference date.

Rice and corn stocks inventory from the commercial sector will have provincial and regional disaggregation.  These gathered information will serve as guide for planners and policy makers in formulating programs and policies on food security.

As PSA endeavors to provide relevant statistics on stocks inventory, we enjoin all stakeholders to provide their usual support for the success of this monthly survey.

 

(SGD) LENI R. RIOFLORIDO

Regional Director

MLB / RRL

 

 

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