Manila, Nov. 7 -- The Department of Trade and Industry (DTI) has implemented a 60-day automatic price freeze on all basic commodities across the country following the declaration of a state of national calamity due to devastation from Typhoon Tino (international name Kalmaegi).

In a statement on Friday, the DTI, which chairs the National Price Coordinating Council (NPCC), said the price freeze is now in place unless lifted by President Ferdinand R. Marcos Jr.

"The DTI is working round-the-clock with manufacturers, retailers, and distributors to ensure sufficient and steady stock of basic necessities and prime commodities. All DTI Regional and Provincial Offices are on heightened alert and mobilized to enforce compliance with the price f...