Prices of Noche Buena products in WV ‘stable’, says DTI-6

The Department of Trade and Industry (DTI-6) said the prices of Noche Buena products are "stable".
The Department of Trade and Industry (DTI-6) said the prices of Noche Buena products are “stable”.

Prices of Noche Buena products in Western Visayas are “stable”, according to the Department of Trade and Industry (DTI-6).

Rebecca M. Rascon, officer-in-charge of DTI-6, assured consumers that the agency is constantly monitoring the prices of Noche Buena items in the markets to protect them from unjust price increases.

“We don’t want our supermarkets and other business establishments here take advantage of the yuletide season,” Rascon stressed.

Rascon also reminded supermarkets to place the suggested retail prices (SRPs) of products being sold at their stores for the information of the consuming public.

According to her, business establishments found selling goods at prices above the SRPs will be asked to explain and show the cost of acquisition.

“These products can be sold at lower prices but must not go beyond their SRPs,” Rascon emphasized.

Here some tips when buying Noche Buena products:

  • Make a list of what to buy toavoid impulse buying.
  • Compare prices between stores. Be conscious that products vary in sizes and weights. Buy only what you need.
  • Look for the expiry dates of products. Do not buy products that are expired or about to expire on the date you will need it.
  • Make sure that there is only one price tag for a particular product. If two (2) price tags exist or cashier’s price is different from the price tag or shelf price, the consumer gets the lower price.
  • Recycle plastic bags, re-use grocery plastic bags or bring your own grocery bags (bayong). IMT