Basic goods supply enough for 4 weeks -- DTI
Published May 29, 2023 11:45 am
Trade and Industry Secretary Alfredo E. Pascual said that based on the agency’s market monitoring, supplies of basic goods in the groceries are enough for the next 2-4 weeks.
Pascual made this assurance after meeting with manufacturers of basic necessities and prime commodities (BNPCs) as he ordered the strengthening its price and supply monitoring operation to ensure availability of supply and stable prices of basic necessities and prime commodities as Typhoon Betty continues to threaten some parts of Northern Luzon.
"We have already spoken to manufacturers and they are ready to fill the shelves in time for the super typhoon. We urge consumers to be prepared but avoid panic buying and hoarding of groceries," Pascual added. As per the 11:00 AM Bulletin of PAGASA, Typhoon #BettyPH slightly decelerates while moving northwestward over the waters of east of Cagayan. The province of Ilocos Norte and the northern and central parts of Ilocos Sur are now under tropical cyclone wind signal No. 1. Typhoon Betty will also enhance the southwest monsoon that will cause rains in some other parts of Ilocos Region. "Our regional and provincial offices are in close coordination with Local Price Coordinating Councils to synchronize price and supply monitoring activities. Negosyo Center Business Counselors are also augmenting the human resource of the agency as they also conduct monitoring of BNPC prices and supply in their respective areas," said Pascual. Further, Fair Trade Laws (FTLs) monitoring and enforcement are also in place to safeguard the consumers against sellers who will take advantage of the situation. As part of its mandate, the DTI monitors prices of canned fish, locally manufactured instant noodles, bottled water, bread, processed milk, coffee, candles, laundry soap, detergent, and salt under basic necessities. Daily situational reports of monitoring activities are submitted by work units to the Regional Office to ensure availability of BNPCs. Regular updates and information of prices and supply monitoring activities are also posted at DTI Region 1’s official Facebook page to keep consumers abreast of the latest information and situation.
"We have already spoken to manufacturers and they are ready to fill the shelves in time for the super typhoon. We urge consumers to be prepared but avoid panic buying and hoarding of groceries," Pascual added. As per the 11:00 AM Bulletin of PAGASA, Typhoon #BettyPH slightly decelerates while moving northwestward over the waters of east of Cagayan. The province of Ilocos Norte and the northern and central parts of Ilocos Sur are now under tropical cyclone wind signal No. 1. Typhoon Betty will also enhance the southwest monsoon that will cause rains in some other parts of Ilocos Region. "Our regional and provincial offices are in close coordination with Local Price Coordinating Councils to synchronize price and supply monitoring activities. Negosyo Center Business Counselors are also augmenting the human resource of the agency as they also conduct monitoring of BNPC prices and supply in their respective areas," said Pascual. Further, Fair Trade Laws (FTLs) monitoring and enforcement are also in place to safeguard the consumers against sellers who will take advantage of the situation. As part of its mandate, the DTI monitors prices of canned fish, locally manufactured instant noodles, bottled water, bread, processed milk, coffee, candles, laundry soap, detergent, and salt under basic necessities. Daily situational reports of monitoring activities are submitted by work units to the Regional Office to ensure availability of BNPCs. Regular updates and information of prices and supply monitoring activities are also posted at DTI Region 1’s official Facebook page to keep consumers abreast of the latest information and situation.