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PIA Press Release
2010/06/01

DTI beefs up monitoring of prices of school supplies in Bicol

Legazpi City (1 June) -- The Department of Trade and Industry (DTI) regional office in Bicol has intensified, through their provincial offices across the region, its monitoring of prices of school supplies in preparation for the opening of classes on June 15.

DTI regional director Joy Blanco said "The public can expect in increase of prices in terms of school supplies but it would be very minimal."

All provincial offices of the DTI have been conducting simultaneous monitoring both in public market and malls.

Blanco said that immediate sanction will be imposed if the monitoring team will find unnecessary increase in price of school supplies.

DTI Camarines Norte chief Ernesto Pardo said that the agency's monitoring team is staging a weekly check of basic commodities to prevent unreasonable increase in the prices of the said supplies.

He said that recent monitoring of prices of school supplies remains normal based on the suggested retail price (SRP) implemented by the DTI.

"The prices of school supplies, however, may vary depending on the brand of the commodity," he said.

Pardo has urged consumers to canvass the prices before buying them. (PNA Bicol) [top]

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