“No price hike during disaster” – Palace

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PRICES of basic commodities will remain stable amid the onslaught of Super Typhoon Rolly, says presidential spokesperson Harry Roque at the first national government disaster response briefing amid the devastation brought about by super typhoon Rolly.

Roque said that the Department of Trade and Industry (DTI) is on top of the situation adding that the concerned government agency hinted on the full enforcement of Republic Act 7581, which prevents any movement in the prices of basic commodities while under calamity.

At the briefing with other concerned government officials regarding preparations and impact mitigation of tropical cyclone, Roque said: “Ayon sa DTI, generally price and supply of basic necessities and price commodities remain stable.”

Section 6 of RA 7581, otherwise known as the Price Act of 1992, states that prices of basic necessities in an area will be automatically frozen at their prevailing prices or placed under price control automatically if that area is proclaimed a disaster area of under a state of calamity.

“Ang pakiusap ng presidente sa panahong ngayon ng aberya, sana bayanihan. Yung mga nagbebenta ng kailangan ng ating mga kababayan, sana huwag pagsamantalahan,” Roque said.

Mino-monitor ang mga ito ng DTI para siguraduhin na masusunod ang suggested retail price,” he added.

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