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DTI Issues 60-day Price Freeze

Following Proclamation No.922 issued by President Rodrigo Duterte, the Department of Trade and Industry (DTI) issued a strict implementation that the price of all basic necessities will be frozen for 60 days.

What is Proclamation No. 922?

Proclamation No. 922 is the declaration of State of Public Health Emergency throughout the Philippines due to the outbreak of coronavirus disease (COVID-19).

What is Price Freeze?

According to RA 7581 or Price Act, Price Freeze is declared during State of Emergency, State of Calamity/Disaster, State of Rebellion, State of War, Suspension of Privilege of Writ of Habeas Corpus, and Martial Law. It is effective for 60 days for basic goods and 15 days for household LPG and kerosene.

Basic Goods covered by Price Freeze

  • Rice Corn, Cooking Oil, Fresh, Dried, and other marine products, fresh eggs, fresh pork, beef and vegetables, root crops, sugar and fresh fruits
  • Canned fish, and other marine products, processed milk, coffee, laundry soap, detergent, candles, bread, salt, potable, water in bottles, and containers (locally-manufactured instant noodles).
  • Firewood and charcoal under DENR.
  • Drugs classified as essentials by DOH.
  • Household liquefied petroleum gas (LPG) and kerosene under DOE.

Price Free for Kerosene and LPG

The Department of Energy (DOE) ordered a price freeze for kerosene and household liquefied petroleum gas (LPG) that will be effective from March 10 to 24, 2020.

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Advisory of DTI

The advisory was issued by DTI last Tuesday (March 10, 2020).

Advisory of DTI.
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DTI Contact Details

Directly report to DTI any establishment or individuals violating the price freeze.

Website: https://www.dti.gov.ph/

Facebook: DTI Philippines

Email: [email protected]

Landline: One-DTI (1-384) Hotline or (632) 7791.3101 | (632) 7751.0384

Penalty

Establishments that will violate the price act will be penalized with a fine amounting to Php 5,000.00 to Php 1,000,000.00 or imprisonment for a period of 1 year up to 10 years.

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