60-day price freeze in place over coronavirus threat

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Metro Manila (CNN Philippines, March 11) - The Department of Trade and Industry (DTI) has ordered a price freeze on all basic necessities following the proclamation of public health emergency amid the coronavirus outbreak.

Citing the Republic Act 7581 or the Price Act, DTI said that prize freeze on basic goods is implemented after a declaration of state of emergency, state of rebellion or war, and martial law.

Goods covered by the price freeze are:

. Rice, corn, cooking oil, fresh or dried marine products, fresh eggs, fresh meat (pork and beef), vegetables, root crops, sugar, and fresh fruits.

. Canned seafood, processed milk, coffee,laundry soap and detergent, candles, bread, salt, potable water in bottles and containers, locally-manufactured instant noodles.

. Firewood and charcoal

. Medicines

. Liquified petroleum gas (LPG) and kerosene

The prize freeze on basic goods will take effect for 60 days and 15 days for household LPG and kerosene.

According to law, anyone who violates the price freeze shall be penalized an imprisonment for a period of one to 10 years, or a fine of P5,000 up to P1,000,000, or both, at the discretion of the court.

There are now 49 confirmed cases of coronavirus disease in the country, according to the Department of Health.