Nueva Vizcaya activates price council

BAYOMBONG, Nueva Vizcaya, Philippines — Amid concerns over possible increases in prices of basic commodities due to rising fuel costs, the Nueva Vizcaya Provincial Price Coordinating Council will convene today to monitor the market and ensure compliance with suggested retail prices.

Gov. Jose Gambito said the council’s meeting seeks to safeguard consumers and prevent unjustified price hikes as petroleum prices climb amid the ongoing crisis in the Middle East.

Gambito noted that higher fuel costs are beginning to affect the cost of daily living, adding pressure on households that are already grappling with rising expenses.

He urged business owners and traders to practice fairness and social responsibility in pricing basic goods.