The Department of Trade and Industry (DTI) has approved the increase in prices of 195 out of 223 stock keeping units (SKUs), including Noche Buena staples such as ham and quezo de bola.
The agency is expected to release the price guide for Noche Buena products on Nov. 23 which also include fruit cocktail, cheese, sandwich spread, mayonnaise, spaghetti pasta, elbow macaroni, salad macaroni, spaghetti sauce, tomato sauce and cream or all-purpose cream.
About 94 SKUs have increased their prices by more than 10 percent, 51 items had increments between 6 to 10 percent, and 50 products hiked prices by 1 to 5 percent, according to the DTI.
For ham products, some items decreased their prices by P30 while other brands increased up to P42. Suggested retail prices (SRP) for Christmas ham ranges from P168 to P892.50 from last year’s SRP of P158 to P862.50.
For fruit cocktail, price hike ranges from P0.50 to PlP33.05 with SRP of P56 to P33.05; cheese price hike ranges from P3 to P21, with SRP of P54.35 to P371; quezo de bola prices increased between P10 to P56.65; mayonnaise, increasing by P0.60 to P23.45, with SRP of P24 to P234.15; sandwich spread, increasing by P1.05 to P13.16, with SRP of P26 to P252; and cream, increasing by P3 to P16, with SRP of P63 to P75.
Prices of spaghetti pasta also increased by P4.50 to P27, with current SRP of P25 to P111; elbow macaroni and salad macaroni prices both increased by P4 to P27.75, with SRP of P23 to P119 and P39 to P117, respectively; spaghetti sauce prices increased by P1.55 to P14.93, with SRP of P23.55 to P95.50; and tomato sauce prices increased by P1.20 to P18.50, with SRP of P17.25 to P92.25.
Eight items on the Noche Buena list maintained their 2021 prices.
DTI Assistant Secretary Ann Claire Cabochan said there are 18 newly added SKUs for Noche Buena products this year.PNA
