Manufacturers of basic goods have pledged to keep prices steady for at least 30 days, cushioning consumers from global volatility fueled by ongoing Middle East tensions.
The commitment came during a March 16 meeting led by Trade Secretary Ma. Cristina Roque, where 21 manufacturers representing staple products—from canned goods to hygiene items—agreed to hold the line on prices despite rising cost pressures.
Among items covered are canned sardines (Ligo, Mega, Lucky 7, Fresca), bread staples like Pinoy Tasty and Pinoy Pandesal, bottled water (Wilkins, Nature’s Spring), and household essentials such as Safeguard soap, Tide detergent bars, and Green Cross products.
Condiments including Datu Puti soy sauce and vinegar, Lorins patis, as well as CDO canned meat and Liwanag candles, will also retain current pricing through the period.
Some companies extended their commitments to 60 days. These include instant noodles like Lucky Me and Ho-Mi, processed meats under Argentina and Swift Premium, and other packaged goods such as Shanghai and Wow!.
Major coffee brands—including Kopiko, Nescafe, and San Mig Coffee 3-in-1—likewise pledged short-term price stability.
“We recognize the financial strain faced by consumers while also acknowledging cost pressures on manufacturers,” Roque said, underscoring the need for “fair and reasonable pricing.”
The Department of Trade and Industry said it will continue coordinating with industry players to ensure stable supply and protect consumers from sudden price spikes.
