The Department of Trade and Industry (DTI) is reviewing requests from manufacturers of sardines and noodles to increase prices of necessities and prime commodities.
Trade Secretary Cristina Roque said the proposed hike is below 10 percent and is mainly driven by rising logistics and fuel costs.
She noted that sardine makers cited higher fuel expenses for fishing vessels and transport as the reason for the adjustment.
The DTI had earlier secured a commitment from manufacturers to hold prices steady until May 10 while it evaluates the requests.
Roque also said the agency is encouraging price stability, especially with the upcoming school year, and no similar hike requests have been made yet for school supplies.
Source: PhilNews24 | May 22, 2026
Latest from Business
The Department of Agriculture (DA) is exploring a partnership with DALI Everyday Grocery to create a
Philippine inflation surged to 7.2 percent in September, up from 6.1 percent in August and reaching
More local government units (LGUs) sought loans in August, with total borrowing requests more than doubling
China Bank Savings Inc. is expanding its financial literacy programs for Filipino public school educators as
Three in five Filipino mobile users want reliable 5G connectivity wherever they go, while 36 percent
