DTI assures no price hike on Noche Buena items

Business, National, News

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 released Tuesday its 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. For the 410-milliliter Angel Kremdensada, its P52 SRP will be valid from November 15 to December 31, 2020 only.

SRPs of products of Dole and Seasons brands are also valid for the entire December. SRPs for 3-kilogram Today’s Mixed Fruit and 3-kg Del Monte Fiesta in Extra Light Syrup are also valid only from December 15 to 31, 2020.

DTI’s suggested retail price list for Noche Buena products this year

DTI Secretary Ramon Lopez has thanked manufacturers for agreeing not to increase SRPs of Noche Buena products amid the Covid-19 pandemic and the recent typhoons that have burdened the lives of many Filipinos.

“Most of those that requested for increase are just minimal increments of 3 to 5 percent. As we coordinated with them, we asked them if the increases are minimal, maybe it’s possible not to implement these since we are in a pandemic. And we get positive feedback from them,”

Lopez said in last Monday’s Laging Handa public briefing.

Leave a Reply