Over 70 stock keeping units (SKUs) have seen higher suggested retail prices (SRP) based on the latest price bulletin by the Department of Trade and Industry (DTI).
On Thursday, the DTI released the updated SRP list for basic necessities and prime commodities for 216 SKUs, 73 of which saw an increase.
The products that SRP hike include canned sardines, processed milk, bread, instant noodles, salt, detergent soap, bottled water, candles, processed canned meat and canned beef, toilet soap and battery.
Some 20 of them saw 1-percent to 5-percent increase, 43 registered 6-percent to 10-percent increase while the remaining 10 SKUs had over 10-percent hike.
Laban Konsyumer Inc. (LKI) President Victorio Mario A. Dimagiba, in an interview with the BusinessMirror, said the SRP increases were alarming given that prices were hiked just last August.
Canned sardines in tomato sauce (155 grams) have SRP ranging from P13.25 to P18.40.
150 gram corned beef’s SRP is P19.25 to P34.75 while the 175 gram unit of the same product has a price of P35.80 to P39.75.
Pinoy Tasty (450 grams) and Pinoy Pandesal (250 grams) have SRPs of P38.50 and P23.50, respectively.
SRP for instant noodles (55 grams) ranges from P6.75 to P8.25.
Powdered milk (150 grams) retails at P50 to P73.30 while 3-in-1 coffee (17 grams to 33 grams) sells for P4.10 to P8.25.
Detergent bars (360 grams to 380 grams) have an SRP of P16.25 to P23.
A liter of bottled distilled water costs P25 to P27.50 while a liter of bottled purified water retails for P15.40 to P19.50.
Soaps (55 grams to 140 grams) have SRP of P12.50 to P43.25.
For AA batteries, a pack of two costs P27 to P39.95 while a pack of four retails for P46.25 to P189.25.
DTI reminded the consumers that “SRPs apply to both supermarkets and wet markets, unless specified.”
The SRP list is accessible via this link: https://www.dti.gov.ph/konsyumer/latest-srps-basic-necessities-prime-commodities/