Economy

DTI says Manila supermarkets complying with Christmas feast price guide

THE DEPARTMENT of Trade and Industry (DTI) on Wednesday said selected supermarkets in Manila are compliant to the recently issued price guide for food items commonly used for the traditional Filipino Christmas feast.   

In a statement on Wednesday, the DTI said that it monitored supermarkets in Sta. Cruz, Manila on Dec. 2 to check their compliance with the recommended prices for what is referred to as noche buena goods.   

The department said shops that were visited complied with the price guide while all shelf keeping units (SKUs), including noche buena items, had the appropriate price tags.   

“Consumers should buy in bundles, as this buying scheme provides more affordable alternatives. Further, through product bundling, the buying experience of consumers is simplified,” Trade Undersecretary Ruth B. Castelo said.    

According to the DTI, it also checked the prices and supply of processed and agricultural basic necessities and prime commodities, the accuracy of weights and measures, and the appropriate price tags.    

“As we get busy in preparation for the upcoming holidays, we remind our Filipino consumers to exercise their right to choose,” Trade Secretary Alfredo E. Pascual said as he assured continued monitoring by the agency.   

The DTI’s noche buena price guide was issued on Nov. 23, which includes ham, fruit cocktail, spaghetti noodles, spaghetti sauce, and queso de bola.   

A total of 195 SKUs out of 223 noche buena products recorded price increases. — Revin Mikhael D. Ochave

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Most Popular

Your daily news source covering investing ideas, market stocks, business, retirement tips from Wall St. to Silicon Valley.

Disclaimer:

TheProficientInvestor.com, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2021 TheProficientInvestor. All Rights Reserved.

To Top