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HomeThe RegionNorthern MindanaoDTI-MisOcc implements price freeze on basic goods

DTI-MisOcc implements price freeze on basic goods

The DTI issued on Tuesday a price freeze on all basic necessities amid the coronavirus disease (COVID-19) threat.

DTI-Misamis Occidental Provincial Director Jane Marie Tabucan reminds retailers that there should not be any increase in the prices of basic necessities and prime commodities while the freeze is in effect, adding that the public must be reminded of their consumer rights and responsibilities especially in this emergency situation.

Tabucan has warned unscrupulous individuals and owners of business establishments against hoarding alcohol and hand sanitizers amid panic buying as a result of the declaration of health emergency due to COVID-19.

“Everybody must be responsible in these hard times,” she said.

Retailers agreed to limit the selling of alcohol to two bottles per customer for 250ml and 500 ml and four bottles per customer for 60ml and 150ml.

Pursuant to Republic Act No. 7581 or the Price Act, the prices of basic necessities shall remain frozen at their present levels for 60 days, or until sooner lifted by the President whenever there is a declaration of a state of emergency, calamity, or other similar conditions.

Basic necessities that are under the jurisdiction of the DTI include canned fish and other marine products, locally manufactured instant noodles, bottled water, bread, processed milk, coffee, candles, and laundry soap, detergent, and salt.

On the other hand, basic agricultural goods such as rice, corn, cooking oil, fresh, dried and other marine products, fresh eggs, fresh pork, beef and poultry meat, fresh milk, fresh vegetables, root crops, sugar, and fresh fruits are under the Department of Agriculture (DA) while essential drugs are under the regulation of the Department of Health (DOH)

Firewood and charcoal are under the Department of Environment and Natural Resources (DENR) while household LPG and kerosene are under the Department of Energy (DOE).

Consumers are enjoined to report business establishments that violate the price freeze and provide substantial evidence such as proof of purchase and official receipt.

DTI also requested to log their transaction upon purchase for monitoring purposes.(SMRN/PIA10)

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