A total of 195 shelf keeping units (SKUs) or product variants of Noche Buena products have raised prices with almost half increased their prices by more than 10 percent and the rest with minimal hikes of one to 10 percent on higher cost of imported and local materials, packaging and overhead costs.
The Department of Trade and Industry yesterday appealed anew to manufacturers of Noche Buena products to keep their price increases at a minimum to lessen the burden of consumers.
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