DTI conducts mass price and supply monitoring
Posted on | Wednesday 16 March 2011 | No Comments
by Mari Cruz
BAGUIO CITY, Wednesday March 16 – The Department of Trade and Industry (DTI)3 conducted monitoring of prices of basic necessities and prime commodities in all business establishments in the region.
Atty.Samuel Gallardo, chief of Consumer Welfare and Trade Regulations Division of DTI-CAR in a radio interview, announced that the agency is currently undertaking a mass price and supply monitoring activity in all business establishments.
According to Gallardo, the special monitoring is being conducted nationwide that will cover other outlets that are not included in their regular monitoring.
Among the items to be checked are prices of grocery items to include sardines, processed milk, coffee, detergent bar, laundry soap,flour, toilet soap, noodles, bread, and processed food; and construction materials.
Gallardo said based on their monitoring, they observed a slight increase in prices of some basic commodities such as bread, milk, and canned goods including noodles.
The increase in the price of bread was due to the delay in the milling season of wheat, wherein the usual demand during the 3rd and 4th quarter was not met, Gallardo added.
He said that as regards the price of canned goods, there is an indicated increase in the cost of raw inputs, the price of the deboned meat has increase including the tin cans being used in the packaging.
There is no alarming increase in fact some items have even decreased in price, said Gallardo adding that there is even some decrease in price for some items due to marketing strategies.**(PIA-CAR)
BAGUIO CITY, Wednesday March 16 – The Department of Trade and Industry (DTI)3 conducted monitoring of prices of basic necessities and prime commodities in all business establishments in the region.
Atty.Samuel Gallardo, chief of Consumer Welfare and Trade Regulations Division of DTI-CAR in a radio interview, announced that the agency is currently undertaking a mass price and supply monitoring activity in all business establishments.
According to Gallardo, the special monitoring is being conducted nationwide that will cover other outlets that are not included in their regular monitoring.
Among the items to be checked are prices of grocery items to include sardines, processed milk, coffee, detergent bar, laundry soap,flour, toilet soap, noodles, bread, and processed food; and construction materials.
Gallardo said based on their monitoring, they observed a slight increase in prices of some basic commodities such as bread, milk, and canned goods including noodles.
The increase in the price of bread was due to the delay in the milling season of wheat, wherein the usual demand during the 3rd and 4th quarter was not met, Gallardo added.
He said that as regards the price of canned goods, there is an indicated increase in the cost of raw inputs, the price of the deboned meat has increase including the tin cans being used in the packaging.
There is no alarming increase in fact some items have even decreased in price, said Gallardo adding that there is even some decrease in price for some items due to marketing strategies.**(PIA-CAR)
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Baguio City
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