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Marcos: Food firms agree no price hikes for 2 months

Food processors and retailers pledge to keep prices stable for up to two months amid global tensions, with supply sufficient for at least 30 days, officials said.

Summary by Inquirer
MANILA, Philippines — President Ferdinand Marcos Jr. on Friday said food processors and retailers have agreed not to increase the prices of their products for up to two months to help mitigate the impact of the conflict in the Middle East on basic commodities. In a brief media statement following an inspection at Century Pacific Food Inc.’s Calamba Distribution Center in Calamba, Marcos said the public has nothing to worry about regarding the lo…

6 Articles

President Ferdinand Marcos Jr. assured that there will be no price hikes on basic food items for one to two months. This followed the president's inspection of a large food warehouse in Biñan, Laguna, regarding the status of inventory and prices of food products. According to the president, the government is actively coordinating with suppliers and manufacturers to ensure continuous supply and that consumers are not burdened. He also said that b…

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Inquirer broke the news in Manila, Philippines (the) on Friday, March 20, 2026.
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