No price increase on basic necessities until yearend

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The story "No price increase on basic necessities until yearend" was covered 13 hours ago by Business Mirror, a news publisher based in Philippines.

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No price increase on basic necessities until yearend - Business Mirror

Quick Summary:

CONSUMERS can breathe a sigh of relief as Trade and Industry (DTI) Secretary Maria Cristina Aldeguer-Roque assured on Thursday that there will be no price increase on basic necessities until the end of 2024, while prices of most Noche Buena items will remain unchanged from last year.

Consumers are encouraged to monitor prices and report any cases of overpricing in supermarkets or groceries.

This brings the national average inflation rate from January to October 2024 to 3.3 percent, lower than the 4.9 percent rate in October 2023, but still posing challenges for families on a budget.