Price control of commodities automatic under state of calamity
AMID the sudden spiraling of prices of commodities as a result of the major increases in the prices of diesel and gasoline in the country, cities and towns declared under the state of calamity due to Super Typhoon Egay, and enhanced Southwest Monsoon, will not be affected.
The Department of Trade and Industry (DTI) Region I affirmed that under a state of calamity, prices of basic necessities and prime commodities in the affected areas are automatically frozen at their prevailing prices for 60 days.
“The basis for the price freeze is under the Republic Act 7581, or the Price Act, as amended by RA 10623”, said Regional Director Grace Baluyan in an interview.
The Price Act defines ‘Basic necessities’ are goods vital to the needs of consumers for their sustenance and existence in times of any of the cases provided under Section 6 or 7 of said law such as, but not limited to, rice, corn, root crops, bread; fresh, dried or canned fish and other marine products; fresh pork, beef and poultry meat; fresh eggs; potable water in bottles and containers; fresh and processed milk; fresh vegetables and fruits; locally manufactured instant noodles; coffee; sugar; cooking oil; salt; laundry soap and detergents; firewood; charcoal; household liquefied petroleum gas (LPG) and kerosene; candles; drugs classified as essential by the Department of Health.
‘Prime Commodities’, on the other hand, are goods not considered as basic necessities but are essential to consumers in times of any of the cases provided under Section 7 of the Price Act. This includes flour, onions, garlic, vinegar, patis, soy sauce, toilet soap, construction materials, batteries, electrical supplies, and others.
While the DTI does not allow adjustments in prices as long as the state of calamity is in effect, Baluyan, however, said there may be exceptions to the effect.
“The stores may only adjust their prices if there is a necessary need to do so, but this will require the DTI’s permission”, said Baluyan.
Baluyan urged the public to complain to the DTI if they find stores, groceries, or supermarkets violating the Price Freeze.
Meanwhile, Baluyan assured the public that supply of basic necessities and prime commodities are sufficient based on their recent monitoring. (Ahikam Pasion)
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