WebAdmin 31 0 0 3 min to read

Supermarkets are still following the SRP, according to DTI.

According to Department of Trade and Industry (DTI) Secretary Ramon Lopez, supermarkets have stayed compliant with the suggested retail price (SRP) ahead of the Christmas holidays.

Lopez stated they continue to watch pricing and have even come up with commercials on the prices of specific commodities during an interview on PTV4’s Laging Handa briefing on Friday.

“Wala po kaming natanggap na complaints sa ngayon.” (We have not yet received any complaints.) Katsi-check ko lang uli ngayong umaga at wala ho tayong complaints ng overpricing or at least iyong selling beyond the SRP. I just checked this morning and we haven’t gotten any complaints about overpricing or selling above the SRP),” he stated.

According to Lopez, supermarkets are adhering to the SRP by removing items from their shelves that do not meet with the SRP allowed by the government.

“Iyan po ang ginagawa ng ating mga grocers and supermarkets, at ho masasabi nating 100 percent ang implementation/compliance po nito,” he continued.

Lopez stated that the government is carefully balancing manufacturers’ requests for price increases with consumer protection.

Since the epidemic began, he said, commodity prices have been stable for nearly two years and have only increased by around 3% since August of this year.

Please follow and like us:
Tweet 2k
0 0 votes
Article Rating
Notify of
Inline Feedbacks
View all comments

Enjoy this blog? Please spread the word :)

Would love your thoughts, please comment.x