DTI, mahigpit din na binabantayan ang ‘shrinkflation’;
DTI, mahigpit din na binabantayan ang ‘shrinkflation’;
Grupo ng manufacturers ng sardinas, iginiit na hindi dapat ginagawa ang ‘shrinkflation’
Grupo ng manufacturers ng sardinas, iginiit na hindi dapat ginagawa ang ‘shrinkflation’
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NewsTranscript
00:00 Not only inflation, the Department of Trade and Industry is now monitoring
00:04 but also what is called shrinkflation
00:08 or the reduction of the size or weight of a product so that the price does not increase.
00:14 Find out more about this in the latest news of Klezal Pardilla live.
00:18 It is actually a Department of Trade and Industry that protects all consumers from shrinkflation.
00:29 The old rice stall that Quesa used to buy from this street vendor,
00:34 now...
00:35 It's like she's here alone that's why I brought two rice.
00:38 The food stalls of Edgar are for the rich.
00:41 So instead of increasing the price, she's just reducing the serving.
00:46 With rice, it used to be like that. Now, it's like that. It's equal.
00:51 Ma'am, we're just reducing the slice.
00:53 For?
00:54 For the meat.
00:55 Almost everything we buy is increasing. We're almost out of income.
01:00 If we don't do that, there's nothing left to grow.
01:05 Some consumers also feel the shrinkage or weight of some grocery items.
01:11 Because of that, Telma's planned preparation ended last holiday.
01:17 Spaghetti. Before, it was 1 kilo. It came with a free sauce.
01:23 But if you look at it, when you cook it, it's small.
01:25 Instead of 1 kilo, it became 750 grams. But it's the same price.
01:30 That's called shrinkflation.
01:33 The Department of Trade and Industry explains that shrinkflation
01:37 is reducing the size or weight of a product at an unchanging price.
01:43 But not all consumers agree.
01:46 The change in the product is quickly noticed.
01:50 That's why DTI is studying to force manufacturers and retailers
01:56 to let consumers know about this change
02:00 through the use of signage.
02:03 We're looking for a policy on the use of signage
02:08 when the price doesn't change but there's a change in the weight or gramage of the product.
02:14 It's put on the packaging.
02:18 If it's a retailer, it's put on the shelf as a signage
02:22 on the retail shelves of supermarkets and grocery stores.
02:25 To highlight that and to protect the right to information of our consumers,
02:31 that's what we're studying at DTI.
02:33 According to a group that produces sardines,
02:37 this regulation is not needed
02:39 because shrinkflation should not be implemented.
02:43 We don't want that. That's a lie.
02:47 If we lower the weight of the can,
02:50 we're deceiving the consumer.
02:52 "This is cheaper. It's cheaper and more affordable."
02:58 But you're reducing the quantity.
03:01 There are ways to reduce the cost of the product
03:05 like finding cheaper ingredients.
03:08 For example, they're studying to make new but cheaper Pinoy sardines.
03:14 It can help to make sure that there are cheap sardines
03:18 in the middle of shrinkflation.
03:21 Angelique, according to the Department of Trading Industry,
03:27 manufacturers should inform their employees
03:31 if the weight will decrease but their price will be increased.
03:35 The agency is monitoring the profit-eating.
03:39 This is the reason why a product is too expensive.
03:45 That's the latest from Clayzell City.
03:48 Back to you, Angelique.
03:50 So in other words, Clayzell, DTI has no control
03:54 on the weight of the products.
03:59 It's just a trick to manufacturers and consumers
04:04 to inform them about the groceries.
04:08 [music]
04:12 According to DTI, shrinkflation is a business decision.
04:17 It's a way for businesses to cope with the rising prices
04:24 of their raw materials.
04:27 But if a manufacturer is making basic necessities and prime commodities,
04:35 DTI should inform them.
04:38 DTI also has information dissemination for consumers.
04:43 But the agency is pointing out that manufacturers
04:51 should inform their products that the weight has changed
04:56 when they sold them.
04:58 But the price is still the same
05:00 for consumers to have a better knowledge of their products.
05:06 Angelique?
05:07 Okay, thank you very much, Clayzell Pardilla.