CEBU CITY – The Department of Trade and Industry (DTI) in Central Visayas has told retailers to follow the suggested retail price (SRP) on basic commodities to help cushion the impact of inflation due to the Covid-19 pandemic and the effects of the Russian invasion of Ukraine which disrupted the global supply of fuel and other products.
Maria Elena Arbon, DTI regional director, cited the dynamics of the movement of prices of basic commodities, saying the rising cost of raw materials and manufacturing, including the distribution of goods to the consumers impacted the retail prices.
“Ngano ni increase man ni sjla? Kitang tanan kahibalo man ta unsay panghitabo karon sa kalibutan. About sa Ukraine war, sige pud ta explain unsay hinungdan ani so kaning atong pagtaas sa presyo sa palaliton. Global gyud ni siya,” Arbon said.
Arbon’s remarks came as DTI central office issued the new SRP for basic necessities and prime commodities such as bread, canned fish, bottled water, processed milk, locally manufactured instant noodles, coffee, salt, laundry soap and detergent, candles, flour, processed and canned pork and beef products, vinegar, fish sauce, soy sauce, toilet soap, and batteries.
Arbon said the DTI issued the SRP list to continuously guide consumers and retailers in their purchase and sale of basic and prime goods. (John Rey Saavedra)
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