SUPERMARKETS said prices are rising for goods not subject to government price ceilings. READ:
Steven T. Cua, Philippine Amalgamated Supermarkets Association, Inc. president, said such price behavior has been observed in grocery items not covered by the suggested retail price scheme.
The DTI defines basic necessities as products deemed important to the needs of consumers for their sustenance, while prime commodities are products not considered basic necessities but otherwise deemed essential. On July 12, the DTI said that the current price hike petitions by makers of canned meat, coffee, bread, and detergent are in the final review stages and may take a few more weeks before obtaining approval.
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