Panayam kay DTI Asst. Secr. at Supervising Head ng Fair Trade Group Agaton Uvero kaugnay ng updates ng Noche Buena price guide ngayong taon at presyo ng Christmas decorations

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Panayam kay DTI Asst. Secr. at Supervising Head ng Fair Trade Group Agaton Uvero kaugnay ng updates ng Noche Buena price guide ngayong taon at presyo ng Christmas decorations

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Transcript

00:00Update on the Noche Buena Price Guide this year and on the monitoring of the price of Christmas decorations.

00:07We will discuss this with Atty. Agaton Overo, Assistant Secretary and Supervising Head of the Fair Trade Group of the Department of Trade and Industry.

00:18Atty. Overo, good afternoon to all of you.

00:21Good afternoon to all of you.

00:24Atty., when do you expect the Noche Buena Price Guide to be released for this year?

00:31And are there any high-priced Noche Buena products this year as expected?

00:40At the moment, we are still waiting for our list to be completed.

00:44This includes 237 items or SKUs.

00:51These are the products that we put in our price guide for Noche Buena.

00:57I just want to make it clear that SRP or Price Control does not apply to these products.

01:05This is just a base for our consumers.

01:09When Christmas comes, they will know how to choose and compare the price and quality of the products they want to use for Noche Buena.

01:20We expect this to be released in the middle of November.

01:25As I said earlier, 237 SKUs.

01:29There are more than half here so far based on the prices we found from the manufacturers.

01:35The prices did not go up compared to last year.

01:40More than half did not go up.

01:44Others went up by less than 5% and only a few went up by more than 5%.

01:49We expect that this Christmas, there will be no changes in the prices of Noche Buena products.

01:58Atty., is it possible to give the required price adjustments from the product manufacturers?

02:06As for our SRPs, so far we have been able to give them.

02:11But for the rest of the year, we will not be able to give them to those who are requesting for price increase.

02:18These are the SRPs of basic necessities and prime commodities.

02:22But Noche Buena is not included here.

02:25The Noche Buena items are not considered as basic necessities and prime commodities.

02:31That's why it does not have SRPs.

02:33Sir, every year, there will be changes in the prices, especially during the holiday season.

02:41So what is it that pushes you to give the manufacturers the required price adjustments?

02:50In Noche Buena, we do not have SRPs.

02:54But for the basic necessities and commodities, we have been able to give a few last month.

03:01But for the upcoming months, we will not be able to give SRPs.

03:07Until the end of the year, there will be no increase in the SRPs of basic necessities and prime commodities.

03:16Sir, how will DTI monitor the prices of Noche Buena products in the market,

03:22in case the Noche Buena price guide is released?

03:26In the whole Philippines, we have a weekly monitoring of most products,

03:32even in the markets and groceries.

03:36We monitor every week.

03:38For our Noche Buena items, we only have 237 items that we will release by the middle of November.

03:49It can be a basis for consumers to have a good budget,

03:55to be able to buy high-quality and affordable products for Noche Buena.

04:01Since the movement of these prices will not be stopped by DTI,

04:08what can our consumers do so that they will not feel the increase

04:14in the price adjustments for Noche Buena products?

04:21So far, for our Noche Buena items, more than half of them will not increase

04:26based on our discussions with the manufacturers.

04:31It will not increase.

04:32Most of them, even if it increased in the past few months,

04:36it did not increase that much.

04:38Less than 5% increased.

04:40So, the Noche Buena items that are on our list can still be reached.

04:49Only a few of them increased their prices.

04:53But the limit, as I said earlier,

04:56more than half did not increase their prices compared to last year.

05:02So, there are still many choices.

05:04Since more than half did not increase their prices,

05:07there are still many choices for our consumers.

05:09If you really have a budget,

05:11we will go with the items that did not increase their prices.

05:14If there is an extra item that we think is more in line with our taste,

05:19the one that is a bit expensive, we will go with the one that is a bit expensive.

05:22But there are many choices for consumers.

05:24There are many items that did not increase their prices.

05:27Sir, what is DTI doing to maintain the prices of Christmas decorations this year?

05:35We are rotating more on the Christmas decorations.

05:40We control the quality.

05:42We are on the product standards and safety.

05:48We are monitoring the Christmas decorations.

05:51We are ensuring that the Christmas lightings are certified.

05:58We are monitoring the Christmas lightings

06:00to ensure that they are certified and safe for our consumers.

06:03So, where can our countrymen visit

06:07especially for the substandard Christmas decorations like the Christmas lights?

06:12And what are your reminders to our consumers

06:15on the proper maintenance of Christmas decorations,

06:19particularly these Christmas lights?

06:23First, you can complain.

06:25You can call 1DTI.

06:28We also have a customer care hotline.

06:31We also have consumercare.dti.gov.ph

06:34or you can also email us at reporttosec.dti.gov.ph.

06:41We will always base it on whether the product is safe when there are ICC stickers.

06:51So, if you see a product with a DTI ICC sticker,

06:55you can download our app

06:57to verify if the sticker is legitimate.

07:01The best thing is that we buy our Christmas lights

07:06and other electrical items from respected retailers.

07:11We don't care about the quality of the products they sell.

07:18Atty., please give a message and a reminder

07:21to all consumers who are watching us now.

07:25This upcoming Christmas,

07:27we will probably start saving for our Noche Buena.

07:32We will make sure that what we buy is of good quality

07:35and not just affordable.

07:37We will not buy from unrespected stores

07:41because we might end up buying fake products.

07:45So, we will see what we buy,

07:49not just based on the price,

07:51but based on the quality.

07:53We will go to respected stores

07:55and compare the prices

07:57so that we can have a good and happy Christmas.

08:01Thank you very much for your time,

08:03Atty. Agaton Overo,

08:05Assistant Secretary and Supervising Head

08:08of the Fair Trade Group of DTI.

Panayam kay DTI Asst. Secr. at Supervising Head ng Fair Trade Group Agaton Uvero kaugnay ng updates ng Noche Buena price guide ngayong taon at presyo ng Christmas decorations

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