DTI: Manufacturers Commit to Hold Prices of Basic Goods for 30 to 60 Days
MANILA — Manufacturers of basic necessities and prime commodities have pledged to keep prices unchanged for the next 30 to 60 days, offering temporary relief to Filipino consumers amid rising fuel costs and global supply pressures linked to higher oil prices.
The Department of Trade and Industry (DTI) said the commitment was reached following a meeting on Monday between Trade Secretary Ma. Cristina Roque and representatives of 21 manufacturing companies producing essential goods. The assurance was announced in a news release issued Tuesday night.
According to the DTI, the manufacturers represented key sectors including canned food, bread, bottled water, instant noodles, coffee, soap, and candles—items considered staples in many Filipino households.
“Within the next 30 days, prices are expected to remain stable, with no increase anticipated for canned sardines such as Unipak, 555, Ligo, Lucky 7, Fresca, Morjon, Golden Town, and Mega; bread products such as Pinoy Tasty and Pinoy Pandesal; bottled water such as Wilkins and Nature’s Spring; toilet and laundry soaps such as Safeguard Pure White, Tide Bar Original Scent, and Green Cross Pure White; condiments such as Datu Puti’s soy sauce and vinegar, and Lorins’ Patis; processed canned meat of CDO; and candles from Liwanag,” the DTI said.
The department added that “prices of brands such as Lucky Me, Ho‑Mi, Argentina, Lucky 7, 555, Swift Premium, Wow! and Shanghai will remain at their prices for 60 days.”
Meanwhile, officials from companies producing Kopiko, Nescafé, San Mig Coffee 3‑in‑1, and Export candles “have pledged to maintain current prices with no price increase for the time being,” the DTI said.
The DTI noted that the latest Suggested Retail Price (SRP) Bulletin, released in February 2025, covers 191 shelf‑keeping units (SKUs) of basic necessities and prime commodities.
“We recognize the financial strain faced by consumers while also acknowledging the cost pressures confronting manufacturers. Our priority remains to ensure fair and reasonable pricing. We thank our manufacturing partners for their commitment and shared concern for Filipino consumers,” Roque said.
The department said it will continue monitoring prices and coordinating with manufacturers to help cushion the impact of global economic uncertainties on local consumers.
via The Philippines Herald | PNA
