PRICES of basic necessities and prime commodities (BNPCs) remain stable and manufacturers have also held off from requesting increases amid renewed uncertainties arising from the war in the Middle East, Trade Secretary Cristina Roque said on Monday.
“The prices of food are stable and there has yet to be a price increase on basic necessities and prime commodities,” Roque told reporters.
She added that the Department of Trade and Industry (DTI) had not received any requests for price increases for BNPCs, which include canned fish, processed milk, instant noodles, bread, bottled water, and sanitary products.
DTI offices nationwide were ordered to intensify their monitoring to ensure that no one takes advantage of the current state of fuel prices to raise the cost of essential goods.
Roque warned manufacturers and business and store owners against engaging in unfair trade practices, adding that those proven to have engaged in price manipulation would face sanctions under consumer protection laws.
Consumers who wish to check suggested retail prices were urged to check the DTI’s website and social media channels and also official lists posted in supermarkets and grocery stores.
GISELLE JORDAN