Business
Prices Of Goods In Negros Occidental Remain Stable Amid El Niño
Amid the adverse effects of the El Niño weather phenomenon, prices of basic and prime commodities in Negros Occidental have remained stable, the Department of Trade and Industry (DTI) said.
“We have not monitored any significant increase in the prices of these products especially in supermarkets and other commercial establishments,” said Reginald Hudierez, trade and industry development specialist of DTI-Negros Occidental.
DTI monitoring on basic commodities include products like soap, milk, coffee, salt, bread, and sardines while prime commodities include noodles and all kinds of canned goods except sardines.
Agriculture products like rice, corn, and sugar are not included in the DTI monitoring.
Hudierez said that based on their monitoring as of Monday, the DTI is fairly confident that prices of basic and prime commodities in grocery stores, and supermarkets will remain steady.
He added that since Bacolod-based manufacturers have their respective distribution centers in Negros Occidental, they can control prices and maintain competitiveness in the market.
“When prices of products in Bacolod City are stable, most probably those in other cities and municipalities are relatively the same,” he said. (PNA) LAP/NLG/EPN