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Several non-essential grocery items to hike prices: supermarket operators

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ABS-CBN News

<p>MANILA - Several non-essential grocery items will increase prices this month, a group of supermarket operators said on Monday. </p><p>The Philippine Amalgamated Supermarkets Association said the price hike covers select imported sugared ready-to-drink beverages, wine, select beauty products, power detergent, cleansers, ice cream, halo-halo mix, powdered milk, canned pork as well as canned meat. </p><p>Group president Steven Cua said the projected price hikes would be:</p><ul>	<li>Imported sugared ready-to-drink beverages = 10 percent</li>	<li>Wine = 10 to 11 percent</li>	<li>Beauty products = 10 percent</li>	<li>Powder detergent = 6 to 8 percent</li>	<li>Cleanser = 3 to 8 percent</li>	<li>Ice Cream = 8 percent</li>	<li>Halo-halo mix = 8 percent</li>	<li>Powder Milk = 4 to 8 percent</li>	<li>Canned Pork = 6 percent</li>	<li>Canned Tuna = 5 to 6 percent</li>	<li>Canned Fried Sardines = 2 percent</li></ul><p>Meanwhile, the Department of Trade and Industry has yet to decide on the price increases sought by manufacturers of basic and prime commodities.</p><p>In December 2022, inflation hit an 18-year high of 8.1 percent, driven mainly by higher prices of vegetables, including onions.</p><p>Although the government said inflation could settle within the 2 to 4 percent target in the second half of 2023, the central bank estimated inflation for February will be within 7.5 to 8.3 percent.</p><p>Inflation data for the month of January will be released on Feb. 7, Tuesday.</p><div><strong>-- with a report from Alvin Elchico, ABS-CBN News</strong></div><ul class="op-related-articles">	<li><a href="https://news.abs-cbn.com/business/01/31/23/inflation-likely-within-75-to-83-percent-range-in-january-2023-bsp">Inflation likely within 7.5 to 8.3 percent range in January 2023: BSP</a></li>	<li><a href="https://news.abs-cbn.com/business/01/05/23/inflation-quickens-further-to-81-percent-in-december">Inflation quickens further to 8.1 percent in December on back of higher vegetable prices</a></li></ul><div><strong>RELATED VIDEO</strong></div><figure class="op-interactive"><iframe allow="autoplay; fullscreen" frameBorder="0" height="100%" id="ivsplayer01" scrolling="no" src="https://player.ivideosmart.com/ivsplayer/v4/dist/html/iframe-src.html?iframeid=ivsplayer01&amp;key=e8c22c015ca9eafa76f1e3edfa03c603&amp;spid=3001339&amp;vid=2446789" width="100%"></iframe></figure><div class="iwantbar">Watch more News on <a href="https://www.iwanttfc.com/#!/browse/Genres/News/tag_id_genres/id_news" target="_blank">iWantTFC</a></div>

Several non-essential grocery items will increase prices this month, a group of supermarket operators said on Monday. 