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NewsTranscript
00:00 The prices of some items increased in 2024.
00:04 It is possible that DTI will approve the demand of some manufacturers.
00:09 Some Noche Buena items have already surpassed the suggested retail price.
00:14 Sandra Aguinaldo is on the case.
00:16 Have you already bought a Noche Buena?
00:22 Has it already surpassed the suggested retail price or SRP?
00:27 According to the Philippine Amalgamated Supermarkets Association,
00:31 some food items surpassed the SRP.
00:35 The corporate is now chasing to give to their employees, to their clients.
00:40 So because of that, the supply is being suctioned off by the demand of the corporate buyers.
00:47 We'll have to source from somewhere else, wholesalers, other stores.
00:51 If we get a higher price, normally, generally, our price will also be higher.
00:56 DTI is confident in following the advice of some manufacturers
01:00 that they will not increase the price until the end of the year.
01:04 However, once the new year starts,
01:07 it is possible for DTI to process the demand for a higher price.
01:12 For 2024, we will start releasing price adjustments
01:18 because we have been saving for a long time in DTI.
01:22 We will see some products that will be affected.
01:27 But now that it's Christmas,
01:29 the Mami Mili are hoping that the prices of Christmas and New Year's goods will not be increased.
01:35 In a supermarket, we talked to some Mami Mili.
01:39 There's Noche Buena, Christmas, and New Year.
01:44 Every year, you're really budgeting.
01:47 You're really thinking because life is really hard now.
01:50 What can you say about the price of the goods?
01:52 Up and down.
01:53 The Department of Trade and Industry continues to monitor
01:57 to make sure that there's no more SRP.
02:00 We haven't seen any increase in the price from the price guide.
02:04 Even so, there are scattered reports.
02:07 Last week, we received something from DTI
02:10 that there are items that are being sold that are higher than the price guide.
02:15 They have already talked to the manufacturers that they promise that their prices will not move until the end of the year.
02:22 Actually, those who do not follow the price guide,
02:26 across all the 12 categories, there are one or two items.
02:31 But what appears in the initial reports are only cheese, macaroni, spaghetti sauce, tomato sauce, fruit cocktail.
02:42 For GMA Integrated News, Sandra Aguinaldo, Nakatuto 24 Horas.
02:48 Kapuso, we are with you 24 hours.
02:51 Subscribe to GMA Integrated News on YouTube.
02:55 To Kapuso abroad, visit GMA Pinoy TV at www.gmanews.tv.
03:03 [Music]