00:00For families counting every peso, even a small change makes a big difference.
00:04That's why this one peso price drop on canned sardines is making waves among consumers.
00:09Harley Valbuena reports.
00:30These are the reactions of some consumers on the one peso rollback in some brands of canned sardines.
00:36The rollback was implemented after the meeting of the Department of Trade and Industry with different manufacturers' associations.
01:00In the latest suggested retail price of DTI, the SRP for sardines ranges from 15 pesos and 25 centavos to 21 pesos and 25 centavos.
01:12And this will be deducted 1 peso for those who adopted the rollback.
01:17Secretary Roque added that this shows manufacturers heed the call of President Ferdinand R. Marcos Jr.
01:24to ease the burden of consumers, especially slashing the price of sardines, which is one of the basic food for the masses.
01:32The Trade Department will talk with other sardines brands should they be interested in implementing the rollback.
01:39Meanwhile, the DTI also allayed fears on a possible price increase in products and services
01:44after the approval of the 50 peso minimum wage increase in Metro Manila.
01:49It also does not see any effect of unstable oil prices due to Middle East tensions to the cost of essential goods and products.
01:59For now po, we agreed on a no price increase.
02:02For now, there's really no price increase for basic necessities and prime commodities.
02:07Harley Valbuena from the National TV Network for a new and better Philippines.
