Department of Trade and Industry (DTI) has released a new suggested retail price (SRP) list for basic goods and prime commodities.  

Among the goods with adjustment in prices effective immediately are canned sardines, which increased by P0.50 to P0.75, and locally manufactured noodles, which increased by P0.25 to P0.40.

SRP of coffee increased to at most P0.50 while price of coffee refill hiked by P0.60. Condensed milk increased by P0.50 to P1.25, evaporated milk went up by P0.25 to P1.00, and powdered milk increased by P0.50 to P1.35. Also included in the basic goods with price adjustment is salt, which increased by P0.20 to P2.85.

Processed and canned beef are among the products under prime commodities with price adjustments: P0.45 to P1.50 for meat loaf, P0.75 to P2.50 for corned beef, P0.55 to P1.50 for beef loaf, and P1.75 for luncheon meat. Condiments also have increase in prices. SRP of vinegar increased by P0.45 to P1.80, patis (fish sauce) by P0.60 to P3.10, and soy sauce by P0.55 to P2.15. Non-food items like detergent soap gets an increase in price by P0.50 to P1.00.

The release of the new SRP list is the first price adjustment since September 2019. Full list of updated SRP as of August 29, 2021 can be viewed online at www.dti.gov.ph/konsyumer. ♦

Date of Release: 3 September 2021