Price Monitors from Negosyo Center–Tayabas City

TAYABAS, QUEZON — On February 14, 2023, the Tayabas City Price Coordinating Council (CPCC) Joint Task Force conducted its monthly monitoring to compare prices and supplies of products in various establishments, including the four major grocery stores in Tayabas City and the public market. The purpose of price monitoring is to ensure that businesses comply with the suggested retail price (SRP) set by the Department of Trade and Industry (DTI) and prevent any unjustified price increases. The monitoring activity was participated in by Negosyo Center–Tayabas City, Public Market Operations, City Veterinary/Slaughter House, City Agriculture Office, and City Economic Development and Investment Promotions Office to check for overpricing.

To ensure that there was no overpricing, the monitoring team inspected specific stores based on the SRP released by DTI on February 8, 2023, using the previous monitoring list. Since the last monitoring, the prices of pork have significantly changed. The City Veterinarian Office, Office of the City Agriculturist, and Office of the City Public Market Administrator are responsible for enforcing the Price Watch, and public notices about price watches on agricultural products are posted on the Tayabas City Public Market bulletin board. The bulletin board is updated continuously every day, from Fridays to quarterly.

The City Mayor, as CPCC Chairperson, will receive a report on these findings, which will undergo review and recommendations.

Date of Release: 4 April 2023