Prices of Noche Buena and gift items may start going up in supermarkets starting mid-November, a supermarkets' group said Thursday.
The Philippine Association of Supermarkets Inc. (PASI) said this is the time new supplies, many of them with adjusted prices, come in, radio dzBB's Glen Juego reported.
Federico Ples, PASI's secretary general, was quoted in the report as citing an expected increase in demand as people flock to supermarkets to buy gifts and items for the holidays.
Among the items whose prices are expected to go up in mid-November are processed meats such as hotdogs, fruit cocktail, evaporated and condensed milk, spaghetti, and chicken.
Expected to go up as well are prices of gift items such as handkerchiefs and stuffed toys, the report added.
Many Filipinos are expected to go into Christmas mode after the long All Saints' weekend from Nov. 1 to 4.
The Philippines is considered to have the world's longest Christmas season. –KG, GMA News