MAMBAJAO Camiguin, January 28 (PIA) — The Department of Trade and Industry (DTI) Camiguin Provincial Office starts intensifying inspection and monitoring activities on the prices and supply of prime commodities and basic necessities simultaneous also in doing various stores inspection to check on the compliance of Fair Trade Laws (FTLs).
This is in anticipation to possible price inflation due to increased demand of these goods during holiday break.
Prime commodities includes flour, canned pork and beef, instant noodles, vinegar, soy sauce and toilet soap, while basic necessities include canned sardines, processed milk, detergent and laundry soap, candles, salt, sugar and bread.
The agency regularly conducts price monitoring and market activities to ensure basic goods and commodities are being sold in compliance with the Suggested Retail Price (SRPs) mandated by Republic Act 7581 or the Price Act.
Aside from checking prices, the team is also checking the labels of products being sold to ensure that consumers are getting best value of their money.
Violations of existing labelling requirements are punishable under the Consumer Act. (Zita M. Abellare with reports from Varry Labial, DTI-Camiguin, PIA Cam iNet)