The Daily Tribune
DTI: No Noche Buena price hike this Christmas
Trade Secretary Christina Roque has secured commitments from several manufacturers not to increase prices of Noche Buena products this holiday season, with at least one ham brand agreeing to a price rollback.
The Department of Trade and Industry (DTI) is urging manufacturers to reconsider planned price hikes, especially during challenging economic times.
Secretary Roque will meet with manufacturers to personally convey the request and will release a list of those who agree to the price freeze.
The DTI is expected to release a suggested retail price (SRP) list for Noche Buena items within the next two weeks.
Prices for basic commodities are also expected to remain stable until the end of the year.
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