The Department of Trade and Industry (DTI) said it had frozen prices in Imus City, Cavite that was placed under a state of calamity following the continuous rains brought by the southwest monsoon.
The DTI reminded the public that a price freeze on all basic necessities was in effect in areas covered by a declared state of calamity.
Imus City, Cavite is covered by the price freeze order from Aug. 10 to Oct. 9.
The three areas had been affected by the combined effects of Tropical Cyclone Kujira and the southwest monsoon. Under Republic Act (RA) No. 7581 or the Price Act, as amended by RA 10623, prevailing prices of basic necessities were automatically frozen in areas placed under a state of calamity.
The DTI said the measure was meant to keep prices of basic necessities stable and accessible to consumers during the rehabilitation period.
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