Suggested prices for noche buena items released

ABS-CBN News

Posted at Nov 30 2011 10:43 AM | Updated as of Dec 01 2011 12:46 AM

MANILA, Philippines - The Department of Trade and Industry has set the suggested retail prices for noche buena items, such as pasta, ham, keso de bola and milk.

The DTI posted the list of SRPs for noche buena items in groceries and supermarkets to guide consumers and prevent overpricing.

Among the noche buena items included in the list are pasta, fruit cocktail, ham, tomato sauce, keso de bola, mayonnaise, macaroni, spaghetti sauce, cheese, creamer and condensed milk.

Suggested retail price for some noche buena items:

  • Pasta (1 kilo) - P65-P102
  • Keso de bola (smallest)  - P132
  • Tomato sauce - P62.50 -P69
  • Fruit cocktail (smallest can) - PP41.75-P50.40
  • Ham (1 kilo) - P170-P804
  • Evaporated milk - P10.90 to P34.75
  • Spaghetti sauce - P18.50 to P78.50

Consumers are advised to check the expiry date and the price tag of products before purchasing.

Meanwhile, the DTI warns it may include flour in the SRP list, if flour millers do not bring down their prices.

Trade and Industry Secretary Gregory Domingo said flour millers should justify the high prices.

"Kung magtitinda sila above that, explain niyo sa amin bakit kayo nagbebenta ng  ganyan kataas. Ano ang justification niyo, para di kayo namin ma-charge ng profiteering," Domingo said.  - Report from ANC