Home Economy Prices frozen in storm-hit Pangasinan municipality

Prices frozen in storm-hit Pangasinan municipality

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Prices frozen in storm-hit Pangasinan municipality – BusinessWorld Online


      
      
      
      
      








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THE Department of Trade and Industry (DTI) said it imposed a price freeze on basic necessities in Umingan, Pangasinan following a calamity declaration in the wake of a storm.

In an advisory, DTI said that the price freeze took effect on July 18 and will remain effective until Sept. 16 unless lifted sooner by the President.

The DTI said the inland town of Umingan experienced “heavy rainfall and severe weather conditions” after severe tropical storm Crising transited northern Luzon.

“The DTI reminds business establishments to comply with the price freeze on basic necessities,” it said.

“Consumers are enjoined to report retailers, distributors, and manufacturers that sell basic necessities above their prevailing prices via the One-DTI (1-384) Hotline or e-mail ConsumerCare@dti.gov.ph,” it added. — Justine Irish D. Tabile

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