Several manufacturers sought a P5 price increase on canned goods and hygiene products, according to a report on Tuesday.
The Philippine Amalgamated Supermarket Association said there was an expected price increase in personal hygiene products such as shampoo, conditioners, and bath soaps.
Manufacturers of candles and batteries have also submitted notices to the Department of Trade and Industry (DTI).
They were asking for a price increase in the different products from P0.40 to P5.60.
“Meron as high as 20 percent na request. Inaaral para masigurado natin kasi we limit talaga the increases to at least 10 percent lang. Kung pwede doon na lang sila sa kanilang premium brands o wag na dito sa mga pinaka mura,” DTI Undersecretary Ruth Castelo said.
Manufacturers said the price increase was due to the high prices of raw materials.
“Most of our raw materials are imported, we really have, need to develop the industries or our industries to produce the raw materials needed,” Steven Cua, Philippine Amalgamated Supermarket Association president, said.
According to a group of bakers, the prices of cakes and pastries would also increase.
“Sugar and egg yan ang numero uno ingredient exact science yan eh. Pag cinompute mo na ang egg is 300 grams ang sugar is 300 grams pag binago mo yan ng konti may problema ang cake natin,” Panaderong Pilipino president Chito Chavez said.
“Sana makagawa ang pamahalaan ng isang paraan para yung katulad namin sa industriya ng tinapay at makabili ng murang itlog,” he added.
