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PIA Press Release
2010/05/29

No price increase of school supplies in Kalinga

by Larry Lopez

Tabuk, Kalinga (29 May) -- Parents buying schools supplies for their children this opening of classes find no increase in prices with the announcement of price stay from the price monitoring team.

Victor Benganio of the Department of Trade and Industry (DTI), who led the price monitoring team last week, said prices of school supplies monitored in five retail outlets did not move. Some retailers even offered prices lower than the suggested retail price (SRP) from the DTI, he noted.

DTI Undersecretary Zenaida Maglaya of Consumer's Welfare and Trade Regulations issued'Gabay sa Pamimili ng school supplies' ordering field offices to monitor prices of school supplies at local markets.

The 80-leaves white pad paper has a DTI- SRP of 15.50. I it is offered at P15 at local outlets here. For notebooks, advance with margin brand on the DTI-SRP is P12.75 but is only P12 at local retailer's list. The 80-leaves spiral notebook in the SRP list is P11.75, while the 90-leaves spiral notebook sells at P12 here.

The price rate is true to other supplies like pencils, crayons, ballpens and other types of notebooks.

The team gathered that most of the retailers made earlier purchases of supplies, when price was yet low. Some of these retailers got their supplies from "night-markets" in Divisoria, where prices are at factory level, Benganio said.

For the past three years, Banganio reported that prices of school supplies at local outlets in the province did not have significant margins with SRPs issued by the DTI. (PIA-Kalinga) [top]

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