DTI monitors prices in Eastern Visayas
MANILA, Philippines – The Department of Trade and Industry (DTI) is closely monitoring prices of basic goods across Eastern Visayas following the implementation of a price freeze.
This followed President Marcos’ declaration of a state of calamity, effective June 5.
The measure aims to accelerate the repair of the San Juanico Bridge and ease the disruptions for residents of Samar and Leyte provinces.
READ: 60-day price freeze in Samar as San Juanico rehab triggers ‘state of calamity’
“Under President Ferdinand R. Marcos Jr.’s Bagong Pilipinas vision, we recognize the heavy toll this disruption brings to families, workers, and small businesses,” said Trade Secretary Cristina A. Roque in a statement.
“That’s why we are acting without delay—to keep prices stable, protect consumers from abuse, and ensure no one is left behind during this difficult time,” the trade chief added.
Daily price and supply monitoring of basic necessities is being conducted in trading centers, including cities and municipalities across the region.
So far, monitoring reports from the DTI Region 8 Provincial Offices show that prices are stable and stocks are sufficient, despite the delays in replenishing stocks.
The DTI advises the to remain calm as the immediate mobilization of goods is being facilitated to ensure consistent supply and maintain price stability in the region.