The Consumer Council of Fiji is now putting together proposals to be submitted to the Prices and Incomes Board (PIB) in relation to regulating the prices of 24 items under the Counter Inflation Act.
Council CEO Premila Kumar said they have been lobbying the authorities to include these under the PIB as they noticed how prices of various items sky rocketed after the devaluation in April.
Kumar added that it’s time for the business community to share the burden.
The PIB is intending to regulate the prices of 24 items under the Counter Inflation Act by the end of this month as there is growing concern with the general trend of disparities in the prices of certain basic food items.
Some of the items include rolled Oats and Weet Bix, Ovaltine, Cocoa, Milo imported, tea of all types and forms, baking powder, bathing soap, toothpaste of all types, soap powder, mosquito coil imported, baby diapers, local and imported baby powder and baby cream, sanitary pads, toilet paper, baking soda, digging forks and spades, cane knives and roofing sheets.
The price control means the mark-up percentage on these items will be controlled by PIB and shops cannot charge beyond the controlled mark-up prices.
People have 14 days to make submissions on the proposed changes before the final price control items and prices are confirmed by the end of the month.
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Consumer Council puts proposals together