Regular SRP issuance hobbled by ‘fluctuating factors’–DTI | Andrea E. San Juan

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Regular SRP issuance hobbled by ‘fluctuating factors’–DTI | Andrea E. San Juan
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The Department of Trade and Industry (DTI) said it cannot issue suggested retail price (SRP) bulletin regularly due to “fluctuating factors” such as climate change, and price of fuel, among others.

THE Department of Trade and Industry said it cannot issue suggested retail price bulletin regularly due to “fluctuating factors” such as climate change, and price of fuel, among others.

[We can’t do it because the factors are fluctuating. It varies like the climate: our seasons are rainy, sunny; but during summer, it rains. So that is affected.] [It’s an unforeseeable event that you can’t really predict unless you have a crystal ball like the seer, Madam Auring. We didn’t have it then; so, we can’t really predict it.]

[That needs salary, personnel capacity, or the amount of personnel you have varies. There are many reasons why we cannot put a regular schedule for adjustments.] “Kailangan balanse rin ang polisiya ng gobyerno. Patuloy natin itong pinag-aaralan,” the Trade chief added. [The government’s policy also needs to be balanced. We continue to study it.]

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