Supermarket group to support 2-month price hike moratorium

By Philippine News Agency

May 12, 2024 1:01 am

MANILA, Philippines: The Philippine Amalgamated Supermarket Association (PAGASA) assured that its members nationwide will not implement price adjustments on goods sold by food manufacturers that committed to hold back increases for the next two months.

In an interview on Saturday, PAGASA President Steven Cua said although retailers have other costs apart from acquiring goods, their members will respect the self-imposed price freeze on select basic commodities.

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