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Retailers open to voluntary price freeze - DTI

The Philippine Star

|

May 10, 2024

Manufacturers and retailers are open to a voluntary price freeze on essential goods amid possible spikes in prices due to effects of the El Niño phenomenon, according to the Department of Trade and Industry (DTI).

- LOUELLA DESIDERIO

Manufacturers and retailers voiced their position at a recent meeting with Trade Secretary Alfredo Pascual.

At the meeting were representatives and officers of Monde Nissin Corp., Unilever Philippines Inc., Coca-Cola Beverages Philippines, Universal Robina Corp., Nestle Philippines Inc., Procter and Gamble Philippines Inc., Century Pacific Food Inc., Alaska Milk Corp., CDO Foodsphere, NutriAsia, SM Supermarket and Robinsons Supermarket.

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