Thursday, July 3, 2014

DTI Aklan, deals with continuous price hike with non-stop monitoring

Posted July 3, 2014
Written by Jay-ar M. Arante

The Department of Trade and Industry (DTI) Aklan has a non-stop monitoring to some market in the province.

It is because of ongoing increase of commodities such as garlic, rice, milk and other basic commodities.

According to DTI Aklan they conduct weekly price monitoring to determine if the public market inflates prices and to ensure strict enforcement of suggested retail price (SRP) to prevent fraud or invented price.

Stores that are overpricing their products also subject to penalties, DTI explained.
Consumers still suffer the price hike of the basic commodities.

Meanwhile, the Department of Agriculture also made a three times a week monitoring to the prices of vegetables, poultry and pork and other agricultural products in the province.

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