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Article: Tough job for the Price Coordinating Council.(Opinion & Editorial)
- Article from:
- Manila Bulletin
- Article date:
- March 14, 2008
CopyrightCOPYRIGHT 2008 Manila Bulletin Publishing Corp. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Elinando B. Cinco
PLAIN housewives who do their usual weekend marketing last Friday were at their wit's end when prices of items they need every day at home carried new price tags. There was no previous warning nor a hint that adjusted prices would come. It appears that the consumers are always the last to know.
By 9 o'clock in the morning of that day, the National Price Coordinating Council, presided by DTI Secretary Peter Favila, was convened to assess the situation. If it worsened, provide safeguards, was the main agenda.
Officials from the department admitted the new increases were levied without warning. And public markets and ...