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Manila Bulletin devider Business devider Trade & Industry devider DTI: Basic goods prices stable despite fuel hike

DTI: Basic goods prices stable despite fuel hike

Published Jun 26, 2025 05:28 pm
(Manila Bulletin file photo)
(Manila Bulletin file photo)
The Department of Trade and Industry (DTI) said prices of basic necessities and prime commodities remain stable despite the recent surge in fuel prices.
In a statement, the DTI said it is actively working with local manufacturers to maintain the current prices of goods despite a hike in fuel prices due to the ongoing conflict between Israel and Iran.
“We understand that even slight increases in the prices of basic goods can be felt deeply by ordinary Filipino families,” DTI Secretary Cristina Roque said.
“This is why, in line with President Marcos Jr.’s directive, we are stepping up our nationwide monitoring efforts and working closely with industry players to prevent any unjustified price hikes,” she added.
According to the DTI, there is a steady supply of basic goods in the country.
The agency stated that it is collaborating with local government units and other agencies to implement price stabilization measures, ensuring that products remain affordable.
Roque earlier confirmed that there will be no upward adjustment in the price of canned sardines following a commitment from an industry group.
Based on reports, canned sardine manufacturers were looking to propose a ₱3 increase from the suggested retail price of a 155-gram can of sardines, currently priced at ₱21, due to rising production costs.

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