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PIA Press Release
2010/05/20

School supplies in stable price, much in supply

By Jean Duron-Abangan

Tagum City (20 May) -- Prices of school items sold in leading department stores of Tagum City stay stable as supplies abound.

Department of Trade and Industry provincial office Senior Trade and Industry Development Specialist (STIDS) and price monitoring in-charge Amy Baldonado in an interview, noted a lot of school supplies in big department stores this city.

She said she had yet to take note of drastic hikes in prices of school supplies based on the monitoring she conducted last week in Gaisano Grand Mall, NCCC, JS Gaisano Mall and in Davao Central Warehouse.

"There are lots of supplies and there are a lot of new brands," she said in the dialect. Baldonado disclosed that she had yet to come up with exact comparison as most of the

brands monitored last year were no longer found in the market, and those which were still sold, were in slightly lower prices compared with those new brands.

Aside from so much school supplies in the local market, Baldonado figured out that stability in prices of school supplies could possibly be due to old stocks sold at much lower prices.

She said old stock of school supplies are in stiff competition with new brands which are of much good quality and at comparatively competitive prices.

Baldonado revealed that the provincial office received two weeks ago an order from the national office to step up the price monitoring of school supplies due to upcoming opening of classes next month.

She, however, said markets in Tagum City are still not up for buying these days as people usually rush for school supplies a week before classes open.

Covered under DTI Davao del Norte monitoring are grade school pad paper of 80 and 90 leaves, intermediate papers, composition and writing notebooks, pencils and crayons. (PIA-XI) [top]

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