DTI to impose price hike on 63 basic goods next month
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NewsTranscript
00:00The Department of Trade and Industry, or DTI, will raise prices on 63 basic and essential
00:06items starting next month to pressure from manufacturers.
00:10DTI Secretary Maria Cristina Roque explained that 72% of the 217 listed items will not
00:18have price hikes, while the remaining 28% will see minimal increase, mostly below 10%.
00:26The price hikes are due to rising raw material costs.
00:29Items affected include canned sardines, bread, candles, batteries, coffee, and milk.
00:35Consumers are advised to check the updated Suggested Retail Price, or SRP, guide and
00:41be mindful of any unfair pricing.