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DTI identifies 4 key areas to curb inflation

MANILA - The Department of Trade and Industry (DTI) has identified four key areas which policies and programs should be intensified to curb the rising inflation. In a statement Wednesday, DTI said it will focus on monitoring consumer prices, improving the country's logistics and supply chain, investment promotion and partnership with other government agencies. The DTI said amid the faster increase in prices of goods and services, it closely monitors prices of basic necessities and also helps in monitoring prices of agricultural products, which have been volatile in the past months. It added it is coordinating with manufacturers to ensure stable supply and reasonable prices of basic necessities and prime commodities (BNPCs). "The DTI continues to capacitate local price coordinating councils to enforce monitoring, compliance and accountability of all stakeholders at various supply chain stages, including market masters, administrators, retailers and wholesalers," DTI Secret

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