Price of school supplies stable

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Most of the prices have been kept at last year's level, with some brands, especially in notebooks, even going down by as much as P2 to P3," Trade Undersecretary Zenaida Maglaya said.

The DTI official added that manufacturers have also assured the government that there is enough stock of school supplies and that the global decline in the cost of raw materials, especially paper, kept prices stable.

The Trade department recently met with school supply manufacturers and retailers like Advance Paper Corp., Amalgamated Specialties Corp., Corona Supply Co. Inc., Philand Industries, Philippine School Pads and Notebooks Manufacturers Association, Veco Paper Corp., Goodwill Bookstore, Merriam and Webster Bookstore, and National Bookstore to check on their prices and inventory.

Maglaya said the DTI will monitor the prices of school supplies to check whether manufacturers' suggested retail prices are reflected by retailers.
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