Just recently, the Department of Trade and Industry releases a comprehensive list of Noche Buena items with corresponding suggested retails price. The list included Noche Buena essentials grouped into ham, fruit cocktail, cheese, sandwich spread, mayonnaise, keso de bola, pasta / spaghetti, elbow and salad macaroni, spaghetti sauce, tomato sauce, and creamer.
Apart from the suggested retail prices, the government agency also provided consumer tips as well as remind retailers that profiteering is punishable under the law – Republic Act No 7581 or the Price Act. Consumers are also encouraged to check the prevailing prices of basic necessities and prime commodities through ‘e-Presyo’.
‘e-Presyo’ is the online price monitoring system where consumers can check prices of necessities and commodities being monitored by the Department of Trade and Industry. It also serves as a price guide for consumers to ensure ‘value for money’.