DTI-Laguna starts weekly price monitoring of basic necessities and prime commodities | Department of Trade and Industry Philippines

In Photo: DTI-Laguna Starts Weekly Price Monitoring of Basic Necessities and Prime Commodities

VICTORIA, LAGUNA— Trade and Industry Laguna Provincial Director Christian Ted Tungohan orders the weekly monitoring of the price and supply of basic necessities such as, but not limited to, canned sardines, processed milk, powdered milk, coffee, bread, instant noodles, salt, detergent soap, bottled water, and candles including other prime commodities such as, but not limited to, canned meat, vinegar, patis, soy sauce, toilet soap, paper, school supplies, batteries, flour, cement, G.I. Sheets, hollow blocks, construction nails, light bulbs, electrical supplies, and steel wires.

Republic Act No. 7581, as amended by R.A. 10623, or the Price Act gives the Department of Trade and Industry and other implementing agencies, such as the Department of Agriculture, Department of Health, Department of Environment and Natural Resources, and Department of Energy, the mandate of ensuring the availability of basic necessities and prime commodities at reasonable prices at all times without denying legitimate businesses a fair return on investment. Thus, the DTI Laguna Office encourages consumers to report retailers, distributors, and manufacturers that sell basic necessities above their suggested retail prices or uncertified items by calling 09175004317 or through email at r04a.laguna@dti.gov.ph (TFTawingan, DTI-Laguna). ♦

Date of release: 3 January 2024