Philstar
DTI secures manufacturers’ support to maintain prices of basic goods
Manufacturers and retailers have committed to keeping prices of basic necessities stable until the end of the year.
Trade Secretary Cristina Roque confirmed that all manufacturers have agreed to hold off price increases.
The Department of Trade and Industry (DTI) will intensify market monitoring to prevent price manipulation.
The DTI is still in discussions with manufacturers of Noche Buena items and will provide an update next week.
Basic necessities include items such as canned sardines, milk, coffee, bread, noodles, salt, detergent, and candles.
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