Thursday, May 31, 2007

Prices of school supplies remain stable

Cebu City (31 May) -- “Prices of school supplies in Cebu are still stable.”

Department of Trade and Industry (DTI)-Cebu officer-in-charge Zaide Bation said during a media interview today. She said, the DTI monitoring team had been monitoring the prices of major stores that sell school supplies since last month and it noted that prices had been stable.

“We were monitoring the prices of school supplies every week so we can see the movement, if there is any but so far, there is nothing to worry because the prices are very stable,” Bation assured the public in the wake of the opening of classes on June 4.

According to the DTI monitoring team, aside from stable prices, the quality of school supplies had not deteriorated. The lowest priced notebook, for example costs P7>50 while the highest is at P21.75; paper prices range from P9.50 to 28 and pencils are sold from P3.50 to 5.50.

“We were only monitoring the fixed establishments and major stores that are selling school supplies. We did not monitor smaller stores and sidewalk stalls. We can’t guarantee the quality of the products sold at the sidewalks,” Bation commented.

Bation added that they also monitored the prices of basic commodities and they noted that prices are also stable despite the increases of petroleum products in the past two weeks. (PIA-Cebu/mbcn)

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