DTI to regularly monitor retail prices in Eastern Visayas

TACLOBAN CITY (PIA) The Department of Trade and Industry in Eastern Visayas (DTI-8) has assured the public that it will regularly monitor commodity prices, following the release of the Suggested Retail Prices (SRP) Bulletin to key establishments throughout the region through DTI’s provincial offices.

DTI-8 Regional Director Celerina Bato said that in 2025, a total of 157 out of 217 Stock Keeping Units retained their prices.

These include selected brands of canned sardines, processed milk, coffee, instant noodles, salt, laundry soap, bottled water, candles, canned meat, condiments, and batteries.

Additionally, prices of basic necessities and prime commodities (BNPC) remained stable throughout 2024, despite rising production costs.

Michael Nuñez, a caretaker at a commercial establishment, said that while he feels the effect of rising prices, he finds the increase “tolerable,” understanding that the prices of raw materials have also increased.

Nuñez added that he simply has to be wise in choosing the most affordable basic commodities and prioritize items to be purchased.

Another grocery shopper, Felicisima Perante, said she would have to accept the new prices, as these are basic goods that her family needs.

Meanwhile, 60, or 28 percent, of BNPC saw price increases, primarily due to rising costs of raw materials, packaging materials, and logistics.

Among these, 72 percent increased by less than ₱2, with no adjustment exceeding 10 percent of the previous price.

The DTI assures the public that price adjustments were carefully studied and kept to a minimum, while ensuring the availability of affordable goods in the market.

Further, the DTI remains committed to continuously monitoring market prices to promote fair and reasonable prices for basic goods and prime commodities.

The Department encourages consumers to exercise their right to choose and seek quality and budget-friendly products. (ACR/PIA Leyte)

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