DTI to implement price setting for imported rice, sugar in October

The Department of Trade and Industry will implement price setting for rice and sugar in October.

According to a report on QRT, the DTI will set the price of imported well-milled rice at P38 pesos per kilo and imported sugar at P50 per kilo.

The department also asked bakers not increase the prices of Pinoy tasty bread amid the rising cost of ingredients and production.

DTI said it would be up for the manufacturers if they would come up with smaller portions to cope with the rising costs and not incur losses. —NB, GMA News