DTI: Slight price hike on processed meats expected during Christmas season

Screengrabbed from Rise and Shine Pilipinas/PTV

By Dean Aubrey Caratiquet

Prices of meat products are expected to slightly increase amid higher production cost of meat processors, the Department of Trade and Industry (DTI) said Monday, Nov. 6.

According to DTI Assistant Secretary Mary Grace Pacheco, the production cost of meat processors increased by 15% to 20% ahead of the Christmas season.

Despite this, Pacheco said only a minimal adjustment in the prices of meat products would be seen during the holiday season.

“Sabi ng meat processors, ang itinaas daw ng kanilang production cost is 15–20%,” Pacheco said at the Bagong Pilipinas Ngayon program on Monday.

“Pero dahil daw po gusto din naman nila na ang mga Pilipino ay maging masaya, so mababa lang po…parang 0–4% percent iyong [itinaas ng] some of the meat products, very minimal,” she added.

Pacheco also stressed that not all meat products, particularly ham varieties, will be increasing in price.

“Napakadami ng klase ng hamon… Hindi po lahat ng hamon ay tumaas base sa aming pag-monitor,” she stressed.

The DTI is set to release a price guide for consumers and retailers in buying Noche Buena products upon meeting with manufacturers. – cf

Popular

PBBM underscores public cooperation as key to better disaster response

By Dean Aubrey Caratiquet President Ferdinand R. Marcos Jr. reiterated his call on the citizenry to remain on constant alert and exercise vigilant measures at...

PBBM lauds eGov app’s impact on Filipinos, hints at upcoming features

President Ferdinand R. Marcos Jr. recognized the indispensable role of the eGov app in fast-tracking and streamlining the digitalization of government transactions and services,...

What’s next for the Marcos admin? Key agencies tackle food security, economic dev’t post-SONA 2025

https://www.youtube.com/live/hXRnysWZ6SM?si=GGc-0MxxrP1SXsvE By Brian Campued President Ferdinand R. Marcos Jr. has reported the situation of the country—along with his administration’s progress, gains, and challenges in the past...

PBBM lauds improvements in PH labor market

By Dean Aubrey Caratiquet President Ferdinand R. Marcos Jr. praised the wide-ranging achievements made by his administration on bolstering the country’s domestic labor market over...