Prices of most prime com­modi­ties still sta­ble

Sun.Star Pampanga - - STORIES! -

ITY OF SAN FER­NANDO---The Depart­ment of and In­dus­try (DTI) yes­ter­day said that the sug­gested re­tail price or SRP of ma­jor­ity of prime com­modi­ties in Cen­tral Lu­zon re­mained sta­ble in the past two months de­spite the de­val­u­a­tion of the peso against the dol­lar and in­crease in oil prices.

The DTI noted that from Au­gust to Oc­to­ber 2017, there were no changes in the SRP of 147 of the 159 items mon­i­tored by the depart­ment.

Prime com­modi­ties whose prices have not changed in­clude can­dles, bat­ter­ies, toi­let and de­ter­gent soap, condi­ments, bot­tled wa­ter, pro­cessed milk, cof­fee re­fill, bread (in­clud­ing Pi­noy Tasty and Pi­noy Pan­desal) and noo­dles.

Among the prime com­modi­ties mon­i­tored by DTI, an av­er­age of P0.86 price in­crease were reg­is­tered in the SRP of canned meat prod­ucts in 11 of 27 mon­i­tored items for the same pe­riod. The price in­creases in the 11 items ranged from P0.25 to P3.80. For canned sar­dines, only one brand

reg­is­tered an in­crease in SRP.

The sta­ble prices come as a wel­come note as Filipinos pre­pare for All Saints Day and the hol­i­day sea­son. Eco­nomic in­dices also point to sta­ble prices of ba­sic good and prime com­modi­ties. In­fla­tion rates for both the first and sec­ond quar­ters of 2017 are still at 2.8 per­cent, ac­cord­ing to the Philip­pine Sta­tis­tics Of­fice, with meat reg­is­ter­ing a slightly higher in­crease of 3.9 per­cent for the sec­ond quar­ter of 2017.

As con­sumers cel­e­brate Con­sumer Wel­fare Month this Oc­to­ber, buy­ers are ad­vised by DTI to check the SRP, weight, la­bel and price tags of con­sumer prod­ucts when buy­ing. Con­sumers are also re­minded to be vig­i­lant es­pe­cially when buy­ing on­line.

Chris Navarro

Sto. To­mas Mayor John Sambo, Vice-Mayor Glo­ria Ron­quillo and First Coun­cilor Jhong Na­guit led Thurs­day's One Barangay, One Prod­uct pa­rade of floats mark­ing the 66th Found­ing An­niver­sary of the town. Join­ing them are coun­cilors An­geli Tan­tamco, An­gel...

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