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DTI OKs SRP hike for 82 fundamental requirements, prime commodities │ GMA Information On-line


May 13, 2022
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The Division of Commerce and Business (DTI) has launched an up to date record of recommended retail costs (SRP) of fundamental requirements and prime commodities, approving SRP hikes for 82 gadgets.

In a press release on Friday, the DTI mentioned that out of 218 inventory protecting items (SKUs) within the retail worth information record, 62%, or 136 gadgets, retained their present worth ranges in impact since January this 12 months.

The DTI mentioned it additionally accepted a “minimal enhance” for the remaining 38%, or 82 SKUs, within the newest SRP record.


The merchandise with accepted SRP hikes embrace bread, canned fish, potable water in bottles and containers, processed milk, domestically manufactured immediate noodles, espresso, salt, laundry cleaning soap, detergent, candles, flour, processed and canned pork, processed and canned beef, vinegar, fish sauce (patis), soy sauce, bathroom cleaning soap, and batteries.

The DTI added that costs of 71 out of the 82 SKUs adjusted their costs from 2% to 10%.

Nonetheless, the Commerce division mentioned that the worth enhance was nonetheless lower than the worldwide worth motion of uncooked supplies. 

“As an example, the costs of main uncooked supplies like tamban (for canned fish merchandise), mechanically deboned meat (for processed meat merchandise), buttermilk (for processed milk), and palm oil (for bathroom paper and immediate noodles) elevated by 0.56% to 32.14%. Moreover, gasoline costs went up by 28.84%,” the DTI mentioned.

The DTI points the SRP record to constantly information shoppers and retailers of their buy and sale of fundamental and prime items.

Earlier than going to the supermarkets or grocery shops, the general public can examine the newest SRP record of fundamental and prime items.

The value information can also be accessible through the DTI web site. 

“The Division rigorously evaluates the requests for worth changes from the producers of BNPCs beneath the DTI’s jurisdiction. It’s crucial that the DTI and the business collaborate to make sure the shoppers of high-quality merchandise at reasonably priced costs,” mentioned Commerce Secretary Ramon Lopez.

“Regardless of the changes in a number of fundamental and prime items, the DTI assures the general public that every one will increase within the SRPs had been stored to a minimal stage to supply shoppers with cheap items amidst the pandemic,” added Commerce Undersecretary Ruth Castelo.

The DTI urged shoppers to report retailers, distributors, and producers that promote fundamental requirements above their SRPs through the One-DTI (1-384) Hotline or e mail, ConsumerCare@dti.gov.ph. —VBL, GMA Information

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