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A vegetable vendor puts the current price of the produce on the plastic covers at the Kamuning Market in Quezon City on January 5, 2024. Jonathan Cellona, ABS-CBN News

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Price freeze

ABS-CBN News

<div><span class="fr-img-caption fr-fic fr-dib" style="width:950px"><span class="fr-img-wrap"><img src="https://od2-image-api.abs-cbn.com/prod/editorImage/1721816143500price-freeze-07242024.jpg" style="width:950px" class="fr-fic fr-dib"/><span class="fr-inner" style="text-align:left">A vegetable vendor puts the current price of the produce on the plastic covers at the Kamuning Market in Quezon City on January 5, 2024. <em>Jonathan Cellona, ABS-CBN News</em></span></span></span></div><div><br/></div><div><br/></div><div><span dir="ltr">MANILA - The Department of Trade and Industry (DTI) has imposed a price freeze on basic necessities in National Capital Region shortly after the declaration of a state of calamity by the Metro Manila Council (MMC) due to the severe effects of supertyphoon Carina and the southwest monsoon.<br/><br/>&quot;The price freeze, effective immediately, aims to protect consumers from unjust price increases during this time of crisis,&quot; said DTI Secretary Alfredo Pascual in a statement.<br/><br/>The price freeze will be in effect during the state of calamity. The DTI said it is closely coordinating with its NCR regional office in NCR to monitor the situation and guarantee the availability of essential goods.<br/></span></div><div><span dir="ltr"><a href="https://news.abs-cbn.com/news/2024/7/24/state-of-calamity-declaration-assures-easier-access-to-resources-abalos-1641" id="isPasted">State of calamity declaration assures easier access to resources: Abalos</a></span><span dir="ltr"> <br/>&quot;This price control includes essential goods such as rice, corn, bread, fresh vegetables, roots crops, pork, beef, poultry, eggs, milk, coffee, sugar, cooking oil, salt, laundry soap, detergent, firewood, charcoal, candles, and certain medicines classified as essential by the Department of Health.<br/><br/>Pascual issued a stern warning against anyone who might attempt to exploit the situation.<br/><br/>“We have activated our monitoring teams to strictly enforce the price freeze. Those found violating the law will face severe consequences, including imprisonment and substantial fines,&quot; he said</span></div><div><span dir="ltr"><a href="https://news.abs-cbn.com/news/2024/7/24/-everything-is-destroyed-residents-forced-to-evacuate-as-typhoon-carina-floods-metro-manila-1632" id="isPasted">Residents forced to evacuate as Typhoon Carina floods Metro Manila </a></span></div><div><span dir="ltr">&quot;We urge all establishments to comply with the price freeze and prioritize the well-being of our fellow citizens during this difficult time.”<br/><br/> &quot;We understand the challenges faced by our kababayans in Metro Manila due to the typhoon. Rest assured that the DTI is working tirelessly to maintain price stability and safeguard the welfare of consumers,&quot; Pascual added. </span><span dir="ltr">Consumers are encouraged to report any overpricing or violations to the DTI Consumer Care Hotline at 1-384 or email <a href="mailto:consumercare@dti.gov.ph">consumercare@dti.gov.ph</a>.</span></div><div><span class="fr-video fr-deletable fr-fvc fr-dvb fr-draggable" contenteditable="false" draggable="true"><iframe width="640" height="360" src="https://www.youtube.com/embed/6CUCe1RfwfI?&amp;wmode=opaque&amp;rel=0" frameBorder="0" allowfullscreen="" class="fr-draggable"></iframe></span><br/></div>

<p>The Department of Trade and Industry (DTI) has imposed a price freeze on basic necessities in the National Capital Region after the declaration of a state of calamity.</p>

The Department of Trade and Industry (DTI) has imposed a price freeze on basic necessities in the National Capital Region after the declaration of a state of calamity.

Price freeze in effect in NCR amid state of calamity due to Carina

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Price freeze in effect in NCR amid state of calamity due to Carina

ABS-CBN News

Published Jul 24, 2024 06:16 PM PHT

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Updated Jul 24, 2024 06:22 PM PHT

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price freeze

basic commodities

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