ANGELES CITY -- The Department of Trade and Industry (DTI) disclosed Friday that prices of basic goods and prime commodities in Central Luzon are still stable.
The DTI Regional Office said that based on its monitoring, most of the commodities and goods remain unchanged, with some prices decreasing and just a few posting increases.
“Of the 112 items we monitored from July 2015 to January 2016, 59 or 53 percent remain unchanged while the prices of 31 items or 27.7 percent registered a decrease. Only 22 items or 20 percent increased in prices,” DTI Regional Director Judith Angeles said.
Among the goods monitored, flour remained as the commodity, which significantly dropped by an average of P36.43.
“Bread likewise decreased by an average of P2.28 and a slight decrease of 52 centavos for noodles,” Angeles added.
Moreover, canned goods increased by an average of P0.16 while the price of processed milk was up by an average of P0.03.
“We continue to talk with manufacturers and distributors to ensure adequate supply of basic goods and prime commodities. We regularly monitor in groceries and supermarkets in terms of following the Suggested Retail Prices (SRP) and for compliance to the Price Tag Law. We urge our consumers to check the SRP at the Price Watch portion in our website,” Angeles further said.