PRICE FREEZE FAQs

– Section 6 of the Price Act (RA 7581) states that price freeze is automatically in effect whenever there is a declaration of a state of emergency, calamity, or other similar conditions.

The declaration of a state of public health emergency (Proclamation no. 922) throughout the country triggered the implementation of a nationwide freeze price.

– Price freeze for all basic goods is in effect of 60 days from date of declaration of a state of emergency, calamity, or other similar conditions unless sooner lifted by the President. 

Exception to this are prices of household kerosene and LPG which are frozen for 15 days only.

– Yes, this is possible. If basic goods are sold at prices lower than the SRP then, the prevailing prices would naturally be lower.

– No. The price freeze list may vary per province, municipality or region since the prevailing prices of basic goods may be different in these areas.

It covers all basic necessities as enumerated in the Price Act, as amended by RA 10623.

– During price freeze, prices of basic necessities are frozen at their latest prevailing prices prior the declaration of a state of emergency, calamity, or other similar conditions.

A prevailing price is the most common price of a product in an area.

PRICE FREEZE INDEX

Price Freeze of essential emergency medicines and supplies

(based on FDA Circular No. 2020-005 and 2020-005-A)

DTI Issuances

Department of Trade and Industry   
Department of Trade and Industry
Memorandum Circular No. 20-09
March 28, 2020Pagpapahalaga sa mga Senior CitizensView
Memorandum Circular No. 20-08March 20, 2020Ensuring Unhampered Movement of Cargo and Transit of Personnel of Business Establishments Allowed to Operate During the Enhanced Community Quarantine of Luzon, Amending for this Purpose Memorandum Circular No. 20-06 s. 2020View
Memorandum Circular No. 20-07March 19, 2020Anti-Hoarding and Anti-Panic BuyingView
Memorandum Circular No. 20-06March 19, 2020Ensuring Unhampered Movement of Cargo and Transit of Personnel of Business Establishments Allowed to Operate During the Enhanced Community Quarantine of LuzonView
Joint Memorandum Circular No. 2020-01March 18, 2020Price Freeze Under a State of Calamity Throughout the Philippines Due to the Corona Virus Disease 2019 (COVID-19)View
Memorandum CircularMarch 18, 2020Supplemental Circular Based on the Memoranda Issued by the Executive Secretary on Enhanced Community Quarantine of Luzon Dated 16 March 2020 and 18 March 2020, And IATF Resolution No. 13 to Ensure Unhampered Movement of Cargo and Movement of People of Business Establishments Exempted from the Home Quarantine RequirementView
Memorandum Circular No. 20-04March 15, 2020Prescribing Implementing Guidelines for IATF Resolution No. 12 Issued by the Inter-Agency Task Force for the Management of Emerging Infectious Diseases on Social Distancing and Business OperationsView

FDA Issuances

Food and Drugs Administration of the Philippines   
Advisory No. 2020-420March 20, 2020Procedure for FDA Clearance of Personal Protective Equipment (PPE) Prior Customs ReleaseView
Advisory No. 2020-421March 20, 2020Hand Sanitizer, Antibacterials and Antiseptic Sold Through Online StoresView
Advisory No. 2020-422March 20, 2020Updated List of Notified Hand Sanitizers and Registered Topical Antiseptics and AntibacterialsView
Circular No. 2020-009March 19, 2020Guidelines on the Identification, Notification, Evaluation, Regulatory Enforcement Action, and Review and Monitoring of Donated Health Products Solely Intended to Address COVID-19 Public Health EmergencyView
Memorandum Circular No. 2020-001March 19, 2020Interim Guidelines for the Issuance of Provisional Licence to Operate (LTO) and Certificate of Product Notification (CPN) for Manufacturers of Rubbing Alcohol Products Under the Center for Cosmetics Regulation and ResearchView
Advisory No. 2020-409March 19, 2020List of Approved COVID-19 Test Kits for Commercial UseView
Circular No. 2020-007March 17, 2020Guidelines in the Implementation of the Use of Electronic Means of Prescription for Drugs for the Benefit of Individuals Vulnerable to COVID-19View
Circular No. 2020-006March 17, 2020Guidance for Applications and Transactions at the Food and Drug Administration in Light of the Community Quarantine DeclarationView
Advisory No. 2020-350March 16, 2020List of Notified Hand SanitizersView
Advisory No. 2020-349March 13, 2020Conduct of Foreign InspectionsView
Circular No. 2020-005March 12, 2020Prohibition on the Online Selling of Essential Emergency Medical Supplies Beyond the Price Ceiling/Range set by Department Memorandum No. 2020-0058 and Department Memorandum No. 2020-0058-AView
Circular No. 2020-004March 12, 2020Prohibition of Selling of COVID-19 Testing Kit without Authorization from FDAView
Press ReleaseMarch 9, 2020FDA Allows Use of COVID 19 Test Kits Developed by Local ScientistsView