MANILA - Prices of some 134 Noche Buena items will remain unchanged during the holidays compared to last year's suggested retail price, the Department of Trade and Industry said Friday.
Keso de bola, cheese, sandwich spread, mayonnaise, pasta spaghetti, elbow and salad macaroni, spaghetti sauce, tomato sauce and creamer products are among the items that maintained prices since last year, the DTI said in a statement.
Only a few premium brands will raise prices, while brands for the masses usually keep its prices unchanged, Trade Secretary Ramon Lopez said.
“This is due to their fear of competition and the probability of losing market share in a price sensitive segment,” Lopez said.
Some brands even lowered prices of at least 6 products by up to P11, the DTI said.
Ham manufacturers also introduced new sizes for their products this year, the agency said.
Consumers can refer to the suggested retail price guide released by the DTI through its official website or the e-Presyo mobile app.
Keeping and sticking to a noche buena list, shopping earlier and looking out for promo packs can help consumers save money this season, Lopez said.