Health products and supplements are popping up everywhere in the country, and the prices are on the rise.
A recent survey from Philippine Health Resources and Certification Services showed that prices for the popular products were up 9% on the same time last year.
Prices for some of the most popular products, like vitamin B6 supplements, increased 8% over the same period.
Some of the products that are on offer include Vitamin C, Vitamin B6, Vitamin E, Vitamin K, and more.
The price of these products is now on par with what they cost in the U.S., so it makes sense that we are seeing prices rise in the countries we spend the most time in.
The cost of a bottle of water is about $3.70 in the United States, but in the Philippine health market, the average cost is around $1.70.
While the price increases are not entirely surprising, the price hikes are more than just cosmetic.
The Philippines is one of the countries most expensive exporters of prescription medications, so when the prices for these medications are so high, it makes you wonder why the pharmaceutical companies are willing to put their money where their mouths are and sell their drugs at such high prices.
In the Philippines, prescription drugs are typically priced around $300 for a generic version, and around $600 for a brand-name version.
In addition, most of these drugs come in a different brand from the one you bought.
For example, in the last 12 months, generic versions of Cetirizine and Serum are up a whopping 60% in price.
While some of these medicines are still in the market for some time, the government is making it easier for manufacturers to get their drugs to the Philippines.
In September, the Philippines was awarded a $500 million package of funds to invest in development projects, which will help expand access to medication.
And the government has already announced plans to give these projects a $10 million infusion, which is the largest such payment in its history.
However, as more and more Filipinos are using cheaper, generic medications, the prices of prescription drugs will likely continue to increase.
As a result, we should expect to see the price of prescription medication increase further in the coming years.