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DTI-Negros issues new suggested retail prices

PRICE HIKE. A staff of the Department of Trade and Industry in Negros Oriental checks the prices of goods in a grocery store in Dumaguete City in this undated photo. The DTI in the province confirmed on Monday (May 16, 2022) a rise in the prices of basic goods and prime commodities due to an adjustment in suggested retail prices. (Photo from DTI-Negros Oriental's Facebook page) DUMAGUETE CITY - The prices of basic necessities and prime commodities here have gone up following the latest adjusted suggested retail prices (SRPs) issued by the Department of Trade and Industry (DTI). Nimfa Virtucio, DTI-Negros Oriental provincial director, told the Philippine News Agency on Monday that the latest SRPs were released late last week and some large grocery stores have started adjusting their prices. "The adjustment comes in response to the request of manufacturers to allow them to increase the prices of their products due to losses brought about by the coronavirus disease 2019 (Covid-19

Negros orientalNegros orientalNimfa virtucioDepartment of energyPhilippine news agency onPhilippine news agencyPrice hikea staff of the department trade and industry in negros oriental checks prices goods ina grocery store dumaguete city this undated photo dti province confirmed on monday may 16022a rise in the prices of basic goods and prime commodities due to an adjustment suggested retail photo from dti negros oriental 39s facebook page dumaguete city necessities here have gone up following latest adjusted srps issued by department trade industry nimfa virtucioTi negros oriental provincial directorOld the philippine news agency on monday that latest srps were released late last week and some large grocery stores have started adjusting their prices quot adjustment comes in response to request of manufacturers allow them increase products due losses brought about by coronavirus disease 2019 covid 19 pandemic restrictionsUot she said in mixed english and cebuano virtucio the manufacturers had long been asking agency for price adjustmentsUt dti tried its best to hold it in abeyance at the height of pandemic quot but we cannot prevent any longer because also understand plight manufacturersHo are also affected not only by the pandemic but ongoing war in ukraineUot she said industries and manufacturing plants are highly dependent on diesel fuel to run their operations currentlyHe prices of petroleum products have gone upHe noted she reassured the public that despite price hikes in basic commodities

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