GOV’T TAKES STEPS TO PREVENT PRICE SPIKES AS HOLIDAY SEASON NEARS By Azer Parrocha
The national government is undertaking measures to ensure that prices of basic commodities, particularly food items, will not spike as the holiday inches closer amid the prevailing coronavirus disease 2019 (Covid-19) pandemic,
50
| October 24-30, 2020
Cabinet Secretary Karlo Nograles said Sunday. Even if the government has lifted the price freeze on goods, Nograles said the Department of Trade and Industry (DTI) will continue monitoring the prices of basic commodities
to prevent price manipulation, hoarding, and other instances where unscrupulous individuals can take advantage of artificial shortages of goods. “The DTI is monitoring the prices of not just food, but all products. Prices
