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The list price, also known as the manufacturer's suggested retail price (MSRP), or the recommended retail price (RRP), or the suggested retail price (SRP) of a product is the price at which its manufacturer notionally recommends that a retailer sell the product.

The DTI provides updated suggested retail prices (SRPs) for basic necessities and prime commodities (BNPCs) such as, but not limited to, canned and other food products, bottled water, dairy, and common household or kitchen supplies. To …

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The Suggested Retail Price (SRP) is a non-binding recommendation from a manufacturer to retailers about the proposed base selling price customers should be charged for a product. It serves the following purposes: Sets an expected baseline value in customers’ minds for pricing consistency across different retail locations.

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