THE prices of some Noche Buena items increased a month before the Christmas celebration, according to the latest price bulletin of the Department of Trade and Industry (DTI) released on Wednesday.
The Noche Buana price guide include staples such as ham, cheese, sandwich spread, mayonnaise, spaghetti pasta, elbow macaroni, salad macaroni, spaghetti sauce, tomato sauce, cream or all-purpose cream, and fruit cocktail.
It indicated increases in prices of 195 out of 223 stock keeping units (SKUs). A total of 94 SKUs have increased their prices by more than 10 percent. Some 51 items posted price expansions between 6 to 10 percent, while 50 other products hiked prices by 1 to 5 percent.
On the other hand, 8 items on the Noche Buena list maintained their 2021 prices.
According to the price guide, some ham brands increased their prices up to P42, while some decreased P30. According to the DTI, the suggested retail prices (SRP) for Christmas ham ranges from P163 to P892.50. This compares to SRP of P158 to P862.50 imposed last year.
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The prices of spaghetti pasta also increased by P4.50 to P27, with current SRP of P25.50 to P111.
Based on DTI's price guide, elbow macaroni and salad macaroni prices both increased by P4 to P27.75, with SRP of P23 to P119 and P36.50 to P117, respectively.
Spaghetti sauce prices likewise increased by P1.55 to P14.93, with SRP of P23.55 to P95.50, while tomato sauce prices rose by P1.20 to P18.50, with SRP of P17.25 to P92.25.
Meanwhile, price hike for fruit cocktail ranges from P0.50 to P33.05 with SRP of P56 to P288; cream, increasing by P3 to P16, with SRP of P63 to P75; cheese price hike ranges from P3 to P21, with SRP of P54.35 to P371; and prices of quezo de bola expanded between P10 to P56.65, with SRP of P195 to P513.75.
Prices of other Noche Buena products such as the mayonnaise and sandwich spread also increased by P0.60 to P23.45, with SRP of P24 to P234.15, and P1.05 to P13.16, with SRP of P26 to P252, respectively.
A total of 18 newly added SKUs for Noche Buena products this year were included in the DTI's price guide for the year.
On Wednesday, Trade Secretary Alfredo Pascual as the National Price Coordinating Council (NPCC) Chairman led the DTI's lkot Palengke Program (Tamang Timbang, Tamang Presyo Para sa Mamimiling Pilipino) in Marikina City.
He visited a wet market to check accuracy of weights and prices of essential goods in support of consumers especially during this holiday season. He also toured supermarkets to inspect prices and supplies of BNPCs including Noche Buena products.
"The program aims to establish actual bases for sound and rational recommendations on price ceilings for certain basic necessities and prime commodities; to assist the other implementing agencies in leveling other economic issues through market monitoring, with DTI being the prime mover of consumer welfare and chair of the NPCC; and, to heighten consumer awareness through market visibility which is aimed at spreading advocacy on consumer protection," DTI said.
The DTI said that the price monitoring will continue especially leading up to Christmas and the New Year