The voluntary price freeze (VPF) is an initiative of several basic necessities and prime commodities (BNPC) manufacturers amidst the rising prices of goods and the effects of El Niño. Several brands, such as NutriAsia, Inc., San Miguel Foods, Monde Nissin, Alaska Milk Corporation, Nestlé, Century Pacific Food, Inc., CDO Foodsphere, Inc., and Coca-Cola Beverages Philippines, Inc., have committed to implementing a price freeze for selected brands until 10 July 2024, except as otherwise indicated.
Date of Release: 31 May 2024
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