Manila, May 17 -- Prices of basic necessities reverted to their suggested retail prices (SRPs) effective Saturday after the end of the 60-day nationwide price freeze, as earlier announced by the Department of Trade and Industry (DTI).
For SRPs of manufactured basic goods, these will be based on the DTI SRP bulletin dated 30 September 2019.
"The lifting of the price freeze will not affect the prices and supply monitoring and enforcement activities being conducted by the DTI, DA (Department of Agriculture), and DOH (Department of Health) and our partner enforcement agencies. These shall continue as usual following the directive of President Duterte to go after erring businesses and individuals, and deal with violators to the highest and ful...