As COVID-19 restrictions ease across the country, more shoppers may flock to malls and grocery stores for their last-minute holiday shopping. While you are excited about Christmas shopping and celebrations everywhere, you may feel quite upset with the rising prices of necessities, prime commodities, including Noche Buena
items, and other expenses this season.
With last November’s inflation rate at 8.0 percent, the country’s average inflation rate from January to November 2022 stood at 5.6% and is expected to go higher this month of December. This year’s Christmas season is more costly than previous years.
Last November 23, the Department of Trade and Industry (DTI) released an updated price guide for Christmas Eve foods
, and here’s what you need to know:
Before (December 2021): PhP158 to PhP204 for 500g and PhP345 to PhP1,120 for 1kg
Now (As of November 23, 2022): PhP163 to PhP224 for 500g and PhP314 to PhP650 for 1kg
Quezo de Bola
Before: PhP285 to PhP410
Now: PhP200 to PhP513 for 300g to 750g
Before: PhP33.75 to PhP52.50 for 400g, PhP54.50 to PhP72 for 500g, and PhP59 to PhP80 for 900g
Now: PhP39.25 to PhP61.50 for 400g, PhP69 to PhP90 for 500g, PhP69 to PhP111 for 850g to 1kg
Before: PhP59.85 to PhP74 for 900g, PhP68.25 to PhP76.25 for 1kg
Now: PhP35.50 to PhP33.75 for 200g to 250g, PhP42 to PhP66.50 for 500g, PhP71.50 to PhP95.50 for 850g to 1kg
To lessen your stress with the expenses this season, here are some tipid (thrifty) tips for your Noche Buena shopping:
2. Switch to cheaper alternatives
More often than not, public market offers low-priced goods than supermarkets, making it a better option for affordable shopping.
Aside from the products listed in the DTI’s price guide, you might want to check out repackaged Noche Buena items at your local public vendors for their lower prices. Opt to buy locally-produced Christmas hams at your local public market rather than those branded ones at the supermarkets or groceries. Instead of using ground pork or beef in your spaghetti, you may replace it with hotdogs or other processed meat.
3. Take advantage of holiday sales and bundles.
Christmas promos are offered by The SM Markets.
Image: SM Markets Facebook page
Christmas sales, promos, and bazaars have been everywhere since ber months started. You might score great deals on items from your Noche Buena and grocery items to your Christmas gifts. These sales, promos, and bazaars allow you to buy things and present in bulk for low prices compared to when bought as single items—letting you get the most out of your budget. Buying Christmas Eve food items in bundles is also time-efficient; you can get your groceries in one basket or box without spending more time roaming around the store.
5. Learn to cut back
You can opt to give cheap but thoughtful gifts—remember, it’s the thought that counts.
One of the spirits of Christmas is gift-giving, and if you’re fond of giving away extravagant gifts for your loved ones, you might want to reconsider. With the current economic situation, cutting your budget for gift shopping is one of the best ways to save money this season. Be more practical in choosing less expensive gifts that are useful for the receiver of the present.
Bear in mind these tips, and you’ll surely save money, time, and stress. Most importantly, make it a family effort to prepare and celebrate this season. After all, Christmas is not all about giving and receiving gifts; it is also about spending time with your loved ones.
Visit Yoorekka Magazine for more consumer updates, tips, and guides in the Philippines!
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