No price hike on noche buena items, says DTI

A supermarket in Bacolod City is stocked with Christmas holiday food items, including those for noche buena. PNA BACOLOD FILE PHOTO
A supermarket in Bacolod City is stocked with Christmas holiday food items, including those for noche buena. PNA BACOLOD FILE PHOTO

AS CHRISTMAS celebration approaches, the Department of Trade and Industry (DTI) has assured consumers that there will be no price increase on noche buena products compared to their prices last year.

The DTI has released the latest suggested retail price (SRP) list for these products which will be effective until a new SRP bulletin will be published next year.

Noche buena products included in DTI’s SRP list are ham, fruit cocktail, cheese, sandwich spread, mayonnaise, keso de bola, spaghetti pasta, elbow and salad macaroni, spaghetti sauce, tomato sauce, and creamer.

SRPs of some brands, however, will be valid for specific periods.

Trade Secretary Ramon Lopez earlier thanked manufacturers for agreeing not to increase SRPs of noche buena products amid the coronavirus disease pandemic and the recent typhoons that have burdened the lives of many Filipinos.

“Most of those that requested for (an) increase are just minimal increments of three to five percent. As we coordinated with them, we asked them that if the increases are minimal, maybe it’s possible not to implement these since we are in a pandemic,” Lopez said during the Laging Handa public briefing. “And we get positive feedback from them.” (with reports from PNA/PN)

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