D.A., DTI conduct joint inspection on MSRP compliance
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NewsTranscript
00:00The Department of Agriculture announced that there will be no increase in the price of
00:04agricultural products for the next few weeks as the supply for the said products remains
00:08stable.
00:09Moreover, the price of vegetables also dropped, especially onions and tomatoes since it is
00:14already harvest season.
00:16The DA and the Department of Trade and Industry or DTI earlier today conducted a joint inspection
00:21at the Balintawak market, where they have seen that the price of liempo decreased to
00:25360 pesos, which is also lower than the maximum suggested retail price of 380 pesos.
00:32Kasim even dropped down to 340 with a 360 pesos MSRP.
00:37In the meantime, Sabit Uloh ranged from 295 pesos to 300 pesos.
00:43As of now, the price of pork is expected to lower down in the next days due to market
00:47forces.
00:48There will also be a monthly evaluation to monitor the pork MSRP.