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Dec 5 • 7 tweets • 2 min read
THREAD: A check on the prices of Noche Buena products.

@iampinkywebb speaks to Trade Undersecretary Ruth Castelo on #TheSource | LIVE bit.ly/3VouRa1
DTI: From the start of the year, all raw materials were affected. Logistics is one of the reasons why products increased prices.
DTI: Noche Buena products are seasonal, so they're not considered basic or prime. We also have no power to regulate prices, we just monitor them.
DTI: Prices of over 200 products won't be affected this Christmas.

But DTI warns they need to be increased next year.
DTI says prices will increase by about 10%

DTI: Manufacturers also consider competitive pricing
DTI says prices of basic, prime items may increase by mid-January 2023

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