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DTI Region 1: Prices, supply of basic goods stable amid ‘Betty”s threat

admin May 30, 2023

TRADE and Industry Secretary Fred Pascual ordered the strengthening of the Price and Supply Monitoring of Basic Necessities and Prime Commodities (BNPCs) to ensure its availability as effects of Super Typhoon Mawar with local name Betty, continues to threaten some parts of Northern Luzon.

On Monday, the Regional Disaster Risk Reduction and Management Council 1 (RDRRMC1) has raised the status from Blue to Red Alert.

As per the 11:00 AM Bulletin of PAGASA, Typhoon Betty slightly decelerates while moving northwestward over the waters of east of Cagayan. The province of Ilocos Norte and the northern and central parts of Ilocos Sur are now under TCWS No. 1. Typhoon Betty will also enhance the southwest monsoon that will cause rains in some other parts of Ilocos Region.

Pascual also provided an update on what the Department’s Regional and Provincial Offices are currently doing amid the typhoon, stating, “Our Regional and Provincial Offices are in close coordination with Local Price Coordinating Councils to synchronize price and supply monitoring activities. Negosyo Center Business Counselors are also augmenting the human resource of the agency as they also conduct monitoring of BNPC prices and supply in their respective areas.”

Based on the agency’s market monitoring, the supplies of basic goods in the groceries are enough for the next 2-4 weeks.

As part of its mandate, the DTI monitors prices of canned fish, locally manufactured instant noodles, bottled water, bread, processed milk, coffee, candles, laundry soap, detergent, and salt under basic necessities.

Daily situational reports of monitoring activities are submitted by work units to the Regional Office to ensure availability of BNPCs. Regular updates and information of prices and supply monitoring activities are also posted at DTI Region 1’s official Facebook page to keep consumers abreast of the latest information and situation.

Tags: basic goods dti

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