The Department of Trade and Industry (DTI) released a price guide as of November 22, 2023. Check out DTI’s Noche Buena price guide below.

The listed products include: ham, fruit cocktail, “keso de bola”, mayonnaise, sandwich spread, pasta/spaghetti, elbow macaroni, salad macaroni, spaghetti sauce, tomato sauce, and all-purpose cream.

Here is a summary of their prices:

	Highest price	Lowest price
Ham	Php 898.50	Php 169.00
Fruit cocktail	Php 293.86	Php 57.72
Cheese	Php 420.00	Php 56.50
Keso de bola	Php 435.00	Php 211.60
Mayonnaise	Php 193.75	Php 24.70
Sandwich spread	Php 263.60	Php 29.50
Pasta/Spaghetti	Php 105.00	Php 30.95
Elbow macaroni	Php 124.00	Php 23.00
Salad macaroni	Php 123.00	Php 36.50
Spaghetti sauce	Php 103.00	Php 39.50
Tomato sauce	Php 92.25	Php 15.50
All purpose cream	Php 59.95	Php 36.50

According to this year’s price guide released by the DTI, over 150 stock keeping units (SKUs) of Noche Buena products have experienced a price increase. The 2023 price guide includes 2024 SKUs from 22 manufacturers, with 83 SKUs (around 35%) having implemented price increases ranging from one to five percent. 

Furthermore, 15% of the SKUs, equating to 37 items, posted a price increase of 6 to 10%. Meanwhile, 13% of SKUs, which amounts to 32 items, posted price increases of more than 10%.

Conversely, the prices of 21 SKUs decreased, while the prices of 34 SKUs remained unchanged.

Nograles reports that price changes for various food products have been minimal. Ham products saw a decrease of up to 12.7% in three SKUs, while others increased by a maximum of 3.7%. Keso de bola decreased by up to 7.8% in five SKUs, with the highest increase at 8.1%. Half of the cheese SKUs increased by at most 5%, while two increased by 13%. In pasta and macaroni, 10 SKUs decreased prices, while another 10 remained unchanged. Fruit cocktail saw increases from 1.3% to 6.4%.

Nograles stated, “There are various reasons for the increase, such as the rising costs of raw materials, packaging materials, labor, power, and distribution, according to the manufacturers.”

DTI Secretary Alfredo Pascual clarified that the Noche Buena price guide operates differently from the agency’s suggested retail price (SRP) bulletin.

DTI Northern Mindanao has issued a list of price ranges for Noche Buena items in the Noche Buena Products Price Guide 2023.

See the full price range guide below: 

DTI encourages Filipinos to practice comparison shopping, inspect product labels, purchase from trusted stores, and look out for discounts, promos, and giveaways.

Source: (1),(2),(3),(4)

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