DTI Proposes Delisting Evaporated Milk, Condensed Milk, Condiments, and More from SRP Bulletin

The Department of Trade and Industry (DTI) is advocating the removal of several products from the suggested retail price (SRP) bulletin to streamline the list.

In a statement, the DTI mentioned that this proposal was made during a special meeting of the National Price Coordinating Council (NPCC) last month. The products proposed for delisting from the SRP list include condensed milk, condensada, evaporated milk, evaporada, coffee refill, candles, salt, bottled water, condiments, and batteries.

Products that will remain on the SRP list include sardines, powdered milk, bread, laundry soap, instant noodles, processed and canned meat, and toilet soap.

“Our goal with this proposal is to improve the usability and relevance of the SRP Bulletin, making it a more effective tool for consumers to make informed purchasing decisions,” said Trade Secretary Alfredo Pascual.

“By aligning the SRP with essential daily and emergency items, we are taking a significant step towards better price stability and consumer protection,” added Pascual.

The SRP bulletin, released by the DTI, serves as a guide to help consumers make informed purchasing decisions. Consumers are encouraged to refer to the most recent SRP list of basic and prime goods before shopping.

The DTI’s proposal follows consultations with various stakeholders, including the Department of Social Welfare and Development, Philippine Statistics Authority (PSA), Philippine Amalgamated Supermarkets Association, Inc., Philippine Association of Stores and Carinderia Owners, and several retailers. The department also considered data from the Family Income and Expenditure Survey, Consumer Price Index (CPI) basket of commodities, and top-selling items in sari-sari stores.

A technical working group (TWG) will be formed to finalize the list of stock-keeping units within each category, according to the DTI.

The DTI is mandated to ensure price stability and adequate supply of basic necessities and prime commodities (BNPCs).