The Department of Trade and Industry (DTI) is urging consumers to stock up on noche buena items early as prices of holiday goods might increase leading up to December.
She also encouraged consumers to check the “promo packs” or the “bundles” which Castelo said could help buyers save. Based on computations, she said, consumers can save from P20 to P70 if they buy bundled products.
In November 2021, DTI released a price guide of noche buena products including ham, keso de bola, cheese, sandwich spread, mayonnaise, pasta-spaghetti noodles, elbow and salad macaroni, spaghetti sauce, tomato sauce, and all-purpose cream. The DTI expressed gratitude to the manufacturers for heeding the agency’s call last year not to increase prices demonstrating their sense of solidarity with consumers despite the Covid-19 pandemic.
The noche buena SRP list last year unveiled that 110 shelf-keeping units retained their prices in 2020, while 20 SKUs saw price reductions. Moreover, the list included the SRPs for Christmas products in a variety sizes to allow the public to shop according to their preferences and needs. To avoid panic buying and ensure value for money, the DTI advised the public last year to create a shopping list and refer to the noche buena SRP bulletin before visiting their preferred supermarket. -30-
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
PH to join digitizedint’l trade platformThe Philippines aims to join other Southeast Asian countries to use the digital platform for borderless international trade through a partnership between the Department of Trade and Industry (DTI) …
Read more »
DTI hikes SRP for salt, but says no shortageThe Department of Trade and Industry (DTI) on Thursday said the approved increase in suggested retail prices of salt came after prices of the commodity were unchanged for a number of years.
Read more »
DTI to release SRP of holiday items in OctoberAs the Christmas holidays are just around the corner, the Department of Trade and Industry (DTI) said Thursday it will release the suggested retail prices (SRP) of Noche Buena items by the end of October or early November. READ:
Read more »
‘Micro-credentialing’ can ease labor crunch in short term–DTI - BusinessMirrorCOMPANIES can consider “micro-credentialing” to address manpower shortage while awaiting reforms that would produce workers with digital skills, according to Trade Secretary Alfredo E. Pascual. At the 43rd National Conference of Employers in Pasay City on Wednesday, the Trade chief emphasized that, “[Under] The K to 12 educational program … basic education is supposed to produce
Read more »
Industrialization generates more jobs, reduces importation: DTIThe Department of Trade and Industry (DTI) said the country can count on the manufacturing and agricultural industries to generate jobs and halt the increasing trade deficit. Secretary Alfredo Pasc…
Read more »
Perks registry may shift to BOI in WFH - BusinessMirrorTHE Department of Trade and Industry (DTI) is looking to shift incentives registration from the Philippine Economic Zone Authority (PEZA) to the Board of Investments (BOI) as it aims to address work from home issues. “The pandemic has shown that work from home for [business process outsourcing] BPOs could be a viable alternative. In fact, it’s
Read more »