DOH: Drug prices still stable despite inflation

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Photo from Pixabay shows various kinds of medicines.

Pixabay

 

MANILA, Philippines — Medicine prices remain stable despite the rising costs of goods and services, the Department of Health said on Wednesday.

 

In a briefing, DOH officer-in-charge Maria Rosario Vergeire said the agency monitored a slight increase in the price of a hypertensive drug last December due to inflation and devaluation of Philippine peso.

 

"But when we look at it as a whole, we have stable prices of medicines. This is because of Executive Order 155," Vergeire said, referring to the order signed by former President Rodrigo Duterte in December 2021 that regulated the retail prices of essential drugs.

 

Full Story: https://www.philstar.com/headlines/2023/01/25/2240159/doh-drug-prices-still-stable-despite-inflation

 

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