The Department of Trade and Industry (DTI) said Friday it is studying requests made by bread and canned sardines manufacturers for an increase in suggested retail prices (SRP). Assistant Secretary Ann Claire Cabochan of the agency’s Consumer Protection Group said bread makers want a higher SRP to cover the increasing costs of wheat. “Alam naman po natin yung produkto po ng yung wheat, e import po, inaangkat po natin yan sa ibang bansa, atsaka may mga supply chain disruptions, alam naman po natin na the public knows na humihingi yung ating mga bakers ng pagtaas ng kanilang SRP, pinag-aaaralan pa rin yan at this time,” she told TeleRadyo.

Price increases sought for bread and sardines; DTI says still studying. (2022, June 18-19). DailyGuardian, p. 7.