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MANILA — Manufacturers of key consumer goods have committed to maintaining current prices for the next 30 to 60 days, in response to the recent spike in global oil prices, the Department of Trade and Industry said.

Trade Secretary Ma. Cristina Roque met with 21 manufacturers on Monday, covering products including canned sardines, bread, bottled water, instant noodles, coffee, canned meat, soap, and candles.

“Within the next 30 days, prices are expected to remain stable, with no increase anticipated for canned sardines such as Unipak, 555, Ligo, Lucky 7, Fresca, Morjon, Golden Town, and Mega; bread products such as Pinoy Tasty and Pinoy Pandesal; bottled water such as Wilkins and Nature’s Spring; toilet and laundry soaps such as Safeguard Pure White, Tide Bar Original Scent, and Green Cross Pure White; condiments such as Datu Puti’s soy sauce and vinegar, and Lorins’ Patis; processed canned meat of CDO; and candles from Liwanag,” the DTI said.

Some brands, including Lucky Me, Ho-Mi, Argentina, Swift Premium, and Shanghai, committed to holding prices for 60 days. Coffee brands like Kopiko, Nescafe, and San Mig 3-in-1, as well as Export candles, also pledged no immediate price increases.

Roque emphasized that the move aims to balance the pressures faced by manufacturers with the financial strain on consumers. “Our priority remains to ensure fair and reasonable pricing. We thank our manufacturing partners for their commitment and shared concern for Filipino consumers,” she said.

The latest Suggested Retail Price Bulletin by the DTI covers a total of 191 Shelf-Keeping Units (SKUs). This initiative comes amid broader government measures to stabilize prices of basic goods as oil costs continue to impact transportation and production expenses.

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