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Officials target price gougers ahead of Chinese New Year

Officials target price gougers ahead of Chinese New Year

BANGKOK: Trade officials have begun inspections nationwide to ensure retail prices of groceries do not skyrocket ahead of the Chinese New Year festival.

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By National News Bureau of Thailand

Tuesday 2 February 2016 11:34 AM


Department of Internal Trade (DIT) Director-General Wiboonlak Ruamraksa

Department of Internal Trade (DIT) Director-General Wiboonlak Ruamraksa

Department of Internal Trade (DIT) Director-General Wiboonlak Ruamraksa said the DIT has surveyed markets across Thailand regarding basic items such as pork, chicken, eggs and vegetables.

She said the prices of some items had increased, but remain in relation to market demand.

The central market will be working to prevent price rises caused by product distribution being directed to specific areas where demand is high, thus causing shortages elsewhere, she said.

“The public can be assured that the volume of items in demand for Chinese New Year celebrations will be sufficient this year, and price changes will be more stable next week once the market is restocked,” she added.

The public can report any overpriced sale of groceries or insufficient supply to the DIT’s 1569 Hotline.

 

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