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Price hikes approved for 63 commodities

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Price hikes approved for 63 commodities – BusinessWorld Online









PHOTO BY BERNARD HERMANT

THE Department of Trade and Industry said it has approved price increase for 63 commodities, equivalent to 28% of the commodities covered by the suggested retail price bulletin.

Trade Secretary Ma. Cristina A. Roque said prices for the remaining 72% of stock keeping units will remain steady.

“We had a meeting with the manufacturers and 72% will not have any price increase. If ever there’s a price increase it’s only for the remaining 28%,” she told reporters on Thursday. — Justine Irish D. Tabile

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