00:00The manufacturers of some of the main products are now asking for a high price because of the cost of raw materials and logistics.
00:09What is the reason for this? DTI's Claycelle Partilla is here in Central Malita Live.
00:18Aljo, the Department of Trade and Industry is studying the high price of some of the manufacturers of the main products.
00:27Corazon feels that the price of the ingredients in making bread, such as flour, eggs, and other raw materials, is too high.
00:35But they are trying to lower the price of bread in their panaderia.
00:40Ma'am, if you increase the price, you will lose your customers, of course, right?
00:44Because for others, it's expensive, they will avoid the expensive ones.
00:48According to the Department of Trade and Industry, 60 shelf-keeping units or products have a high price
00:55such as bread, sardines, water bottle, and soap.
00:59Some manufacturers explained that the cost of raw materials and logistics has increased.
01:05They are asking for a high price because the price of flour has really increased in terms of percentage.
01:11The agency did not say how much they are asking for.
01:14DTI will study this, but they will not allow more than 10% high price.
01:21We also need to be sensitive to the needs of the consumers.
01:24So we need to really balance everything to be able to come up with a correct decision whether to increase the price or not.
01:33So it's not time yet?
01:35It's not time yet.
01:38Aljo, after the next typhoon passed, DTI conducted an inspection on the first purchases in a supermarket in Quezon City.
01:49And these items are included in the Just a Detail Price.
01:53This is Leydas from Quezon City. Back to you, Aljo.
01:57Thank you very much, Leysel Pardil.
