DTI sets new SRP on canned goods

THE Department of Trade and Industry (DTI) in Pangasinan has set a minimal increase on suggested retail prices (SRP) of canned goods to cover increased transport costs set by the implementation of the Tax Reform for Acceleration and Inclusion (TRAIN) law.

DTI personnel regularly inspect prices of canned goods in retail stores. (PIO photo by DTI/PIA-1 Pangasinan)

The updated SRP list includes: Argentina Meat Loaf 150g (P17.00), Argentina Meat Loaf 170g (P18.90), Argentina Corned Beef 175g (P34.00), Argentina Corned Beef (P29.50), Argentina Beef Loaf (P16.75), Argentina Beef Loaf 175g  (P18.90), Meat Loaf (P16.75) and 555 Beef Loaf 150g (P16.75 ).

Peter Mangabat, DTI provincial director, said that the minimal increase was largely based on the increase in products’ transport cost which is less than five percent.

Mangabat enjoins the public to immediately report price manipulations, profiteering or hoarding and advised business establishments to put price tags on their products to avoid penalties imposed by the Price Act or Republic Act 7581 and Consumer Act or RA 7394.

Complaints on prices of basic and prime commodities should be relayed to at DTI-Pangasinan Provincial Office( 2nd floor Star Building, Arellano St. in Dagupan City) or call (075)-551-3183 or 529-6177 or email RO1pangasinan@dti.gov.ph. (PIA-Pangasinan/ EMBS/Eroll Bravante)

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