DTI Undersecretary Ruth Castelo inspects Obrero Public Market
MANILA, Philippines – The Department of Trade and Industry (DTI) accosted several vendors at Obrero Public Market for not putting appropriate price tags on their products.
“Lagyan ninyo ng presyo, kung hindi iisyuhan nila kayo ng notice of violation. Lagyan niyo ng price tag itong tinda ninyo,” said Undersecretary Ruth Castelo from DTI’s Consumer Protections Group.
Castelo emphasized the importance of price tags to prevent traders from overpricing and taking advantage of the consumers.
“Lahat ng paninda dapat may presyo para sa kaalaman ng consumer para walang deception para maiwasan natin ang paiba-iba sila ng presyo; naka price tag dapat,” she added.
The DTI, meanwhile, said consumers should be informed that prices of chicken meat, vegetables and rice have already dropped.
Currently, the price of chicken is at P120/kg.
However, since there is no suggested retail price (SRP) on vegetables, the DTI calls on consumers to report anyone who engages in overpricing.
Meanwhile, National Food Authority (NFA) Officer in Charge Tomas Escarez said consumers may expect a much lower price of rice in the coming days.
Currently, the SRP on rice still remains at P27/kg for NFA rice; P39 to P47/kg for local well-milled rice; and P39 to P43/kg for imported rice. There is no SRP, however, for special rice.
The NFA said they are continuously monitoring rice prices in local markets against profiteering.
“By November 10 iikot kami. May mga penalty na na ibibigay tayo,” Escarez said.
Meanwhile, the DTI guided consumers that SRPs on prime commodities are expected to be posted in grocery stores.
As the holiday season draws near, the agency said prices of holiday products are now starting to mark up such as mayonnaise, keso de bola and ham. – Marje Pelayo (with reports from Grace Casin)