MANILA – The government has guaranteed that prices of basic goods and prime commodities will remain unchanged until May 10, in a move aimed at protecting consumers from rising global fuel and supply chain costs.
Department of Economy, Planning, and Development (DEPDev) Undersecretary Joseph Capuno said the commitment was confirmed by the Department of Trade and Industry (DTI) as part of ongoing inflation-control measures.
Speaking before the Senate PROTECT Committee on Wednesday, Capuno said the price freeze is included in the broader UPLIFT (Unified Package for Livelihoods, Industry, Food, and Transport) strategy designed to manage inflation risks and support economic stability.
He said the government is also intensifying inspections and monitoring of essential goods, including food and medicines, to ensure compliance and prevent unnecessary price adjustments.
To further ease inflationary pressures, authorities are implementing supporting interventions such as logistics support programs, toll fee rebates, and reduced port charges to keep supply chains efficient.
Capuno also noted that distribution and delivery systems are being sped up in areas where operational plans and beneficiaries have already been confirmed.
In addition, food security programs like the PHP20-per-kilo rice initiative are being expanded to help ensure affordable access to staple goods for consumers.
All measures fall under the UPLIFT framework, which integrates government responses to inflation and aims to maintain price stability amid ongoing global economic pressures.
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