The Department of Trade and Industry (DTI) is set to issue the suggested retail price (SRP) for Noche Buena products by mid-October.
‘In the next two weeks, we should put them out,’ Trade Secretary Cristina Roque told reporters on the sidelines of the Federation of Philippine Industries Business Summit 2025 yesterday.
She said the DTI is encouraging manufacturers not to implement price increases to make the products affordable for consumers.
One ham manufacturer, Roque noted, has committed to reduce its prices.
Meanwhile, the secretary is hopeful other manufacturers will keep their prices steady.
To help consumers make informed choices, the DTI issues a list of SRPs for Noche Buena products during the holiday season.
Last year’s Noche Buena price guide showed that over 100 stock keeping units (SKUs) posted price increases.
Meanwhile, 121 SKUs maintained their prices and 13 had price reductions.
Despite recent calamities that affected the country, the Department of Finance emphasized its commitment to keeping the prices of basic commodities affordable.