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PIA Press Release
2010/05/24

School supply prices remain stable; supply adequate in Region 8

Tacloban City (May 24) -- The Department of Trade and Industry in Region 8 informed that the prices of school supplies remain stable as shown in the weekly price monitoring report of the DTI provincial offices in Eastern Visayas.

Mr. Felix Cinco informed that the DTI provincial offices continue to monitor the prices of school supplies with the impending opening of classes close at hand.

The result of the price monitoring activities of DTI Leyte showed that except for some, there are no indications of significant price increase for school supplies.

Majority of the prices remain as is, Mr. Dioscoro Mollina, chief of the consumers welfare division of DTI Leyte informed. He added that the supply of the identified commodities was deemed to be adequate per information of the establishments monitored.

For the period May 15 to 21, the monitoring activities showed that the prices of several school supplies even went lower than the usual price.

In the case of Grade I pad paper, the usual price of one brand was P12, it is now tagged at P9.00. The cheapest price available for the Grade II pad paper is P8.00.

Earlier, the Department of Trade informed that there should be no reason for price adjustments because the stocks are already in the market. Any price hike in raw materials must not be reflected at least during the opening of classes.

On the other hand, DTI said many retailers would even bring down prices or offer discounts and promotional prices as school opening draws near, so they can get rid of old stocks, there is no cause for worry over higher prices of school supplies.

The DTI also urged parents to check labels on the school supplies indicating the number of pages, the kind of paper, brand name, and name and address of the manufacturer, converter or importer.

It also urged them to check school supplies, particularly crayons, for "non-toxic" labels. (PIA 8) [top]

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