NO PRICE INCREASE FOR FLOUR AND BREAD
Despite the coming holiday season, Trade and Industry Secretary Ramon Lopez said the prices for flour and bread will remain stable.
Trade and Industry secretary Ramon M. Lopez reassured the public that flour and bread prices will remain stable, especially with the coming holiday season. This is after flour and bread associations gave their commitment to the Department of Trade and Industry (DTI) that Pinoy Tasty will remain at P35.00 per 450-gram loaf, Pinoy Pandesal at P21.50 per 250-gram pack, and Harinang Pinoy at P670 to P680 per bag.
“Our mandate is to make sure that manufactured products are kept at reasonable prices. We assure the public that they will always have affordable options for staple items like bread and flour,” said Secretary Lopez.
“The prices of Pinoy Tasty, Pinoy Pandesal, and Harinang Pinoy are even decreasing. I urge the consumers to always choose quality, yet more affordable options when buying products,” Lopez added.
Pinoy Tasty, Pinoy Pandesal, and Harinang Pinoy are DTI initiatives to provide affordable options for Filipinos. PhilBaking members—including Gardenia, French Baker, Uncle George, Tiffany, and Marby—produce the generic bread to sell it at the same price. Harinang Pinoy is a project with the Philippine Association of Flour Millers (PAMFIL).
Following President Rodrigo Roa Duterte’s directive to increase the supply of basic commodities like bread and sugar to reduce prices, DTI also committed to help bread makers with their sugar requirements. This includes the direct importation of sugar to the target cost of P1,800– P1,900 per bag. /