DTI says no price increase on basic commodities, many Noche Buena items until the end of the year | ABS-CBN

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DTI says no price increase on basic commodities, many Noche Buena items until the end of the year

DTI says no price increase on basic commodities, many Noche Buena items until the end of the year

Pia Gutierrez,

ABS-CBN News

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MANILA -- There will be no increases in the prices of basic commodities--including most Noche Buena products--until the end of 2024, the Department of Trade and Industry said on Thursday.

In a Palace briefing, DTI Secretary Maria Cristina Aldeguer-Roque said the prices of more than 50 percent of Noche Buena products will remain the same as last year. Meanwhile, the rest of the products will only increase by less than 5 percent, she said.  

“So that at least, kahit papaano, our  consumers will have, of course, a very merry Christmas and a happy New Year. And not too much of increase also.”

The DTI earlier posted the updated prices of Noche Buena package items on their social media platforms and newspapers, she said.

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Roque said consumer demand remains robust despite these adjustments, noting the importance of the Christmas season to Filipinos.

“The purchase demand still there, especially kapag Pasko, ‘di ba our mga kababayans are very—very important sa atin ang Christmas, so in terms of purchase demand it’s still there, it’s good actually,” she said.

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