Following the directive of President Ferdinand R. Marcos Jr. to maintain price stability
and protect Filipino consumers amidst the ongoing Middle East crisis, the Department
of Trade and Industry (DTI) announced that
There will be no price increase for basic necessities and prime commodities (BNPCs) until May 10, according to Trade and Industry Secretary Cristina A. Roque.
BNPC products include canned sardines, processed milk, bread, coffee, locally-manufactured instant noodles, bottled water, laundry soap, candles, salt, canned meat, condiments, and toilet soap with suggested retail prices (SRP).
“We want to assure the Filipino consumers that there will be no price increase for basic
necessities and prime commodities until May 10. We also do not expect any shortage
of supply in the coming weeks so there is no need for panic buying, as supply remains
sufficient. The DTI is on the ground every day, closely monitoring markets to make
sure basic goods are available and prices stay affordable,” Secretary Roque added.
The DTI has intensified its monitoring as part of the government’s UPLIFT framework,
a whole-of-government approach designed to help Filipino families cope with the
impact of the Middle East conflict.
To ensure compliance, the DTI is working closely with manufacturers and retailers.
Under this coordinated effort, the Department remains vigilant against profiteering and
unauthorized price hikes.
For the public’s guidance, the official SRP bulletin is available through:
• In-store postings in supermarkets and groceries nationwide.
• The DTI Website (www.dti.gov.ph).
• Official Social Media Platforms.
The DTI encourages consumers to report any retailers selling above the SRP to
ensure that fair pricing is strictly upheld.
