THE Trade Department is planning to reduce the number of items with suggested retail prices (SRP) in a bid to make the list more relevant.
THE Trade Department is planning to reduce the number of items with suggested retail prices in a bid to make the list more relevant.'By aligning the SRP with essential daily and emergency items, we are taking a significant step toward better price stability and consumer protection,' Trade Secretary Alfredo Pascual said on Wednesday.
Data from the Philippine Statistics Authority's Family Income and Expenditure Survey and the consumer price index basket of commodities, along with a list of the top-selling items in sari-sari stores, were also considered.The Trade Department monitors and issues a regular SRP bulletin that serves as a guide to consumers in purchasing basic necessities and prime commodities.
Items To Be Cut From SRP List DTI
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