The Department of Trade and Industry is advising Negrenses to avoid panic buying of Noche Buena goods this month and remain vigilant over the price changes as it has projected stable suggested retail prices until the end of 2018.
Price Monitoring Officer Reginald Hudierez of the DTI-Negros Occidental told the DAILY STAR yesterday that the SRPs for the end quarter of this year will be stable; however, it has increased compared to the same period last year due to the implementation of the Tax Reform for Acceleration and Inclusion (TRAIN) Law this year.
DTI to issue new SRPs on basic
goods as sardines get costlier
The Department of Trade and Industry is set to release this week the new suggested retail prices of basic and prime commodities after prices of some brands of canned sardines went up, while prices of bread declined.
The DTI said nine sardine brands increased their prices by a range of P0.40 to P0.85.
These brands with price increases were 555, Lucky 7, Family, Master, Atami, and Mikado, as well as easy-open-can brands Ligo, Mega, and Hakata.