A sigh of relief for all shoppers as the prices for basic food items will go down from today.
The Commerce Commission has set the maximum wholesale and retail prices for the basic items under price control and this comes into effect from today.
Commission chairman, Doctor Mahendra Reddy revealed that their officers began their work yesterday.
Meanwhile the price of lamb products will reduce drastically.
Fijivillage News has made an assessment of the previous prices and the price for a kilogram of lamb chops used to be as high as $18.
Based on the order, a kilogram of lamb chops cost $10.55 in Viti Levu while the prices will be slightly higher outside Viti Levu from this weekend.
There are also reductions in the price of lamb neck and shanks.
A kilogram of lamb neck will drop to $6.45.
The prices for all brands of rice have been reduced and brands that used to cost about $18 for a 10kg pack will now cost about $10 to $12.
There are also reductions for all brands of tinned fish, sardines, tuna flakes, edible oil, baby food, baby milk, powdered milk, liquid milk, tea, corned beef and mutton, noodles, margarine and imported butter.
There are also reductions for potatoes, onions, garlic and split peas.
Families using baby formula for their babies will also benefit hugely from the reductions.
For example a S26 Gold formula that used to cost $38.91 will cost $33.47 from today.
Doctor Reddy stressed that their officers will be out in the field today to ensure this new pricing under the Price Control Order is followed.
The retailers and traders found in violation of the Price Control Order will be imposed a spot fine up to $10,000 payable within 21 days or face legal proceedings and pay a fine up to $20,000.
Story by: Paradise Tabucala
Feature
Price of basic food items to go down from today
