Daegu City Operates 'Special Price Management Period' for Lunar New Year Holiday

[Asia Economy Yeongnam Reporting Headquarters Reporter Lee Yushin] Daegu City will operate a special price management period until the 27th to stabilize prices during the Lunar New Year holiday.

On the 9th, Daegu City announced that it will hold a joint special price stabilization countermeasure meeting on the 10th at the City Hall annex, with participation from supply and demand control agencies, distribution companies, and related administrative organizations.

To stabilize prices of agricultural, fishery, and livestock products, the city will expand the release of stockpiled agricultural products by the Korea Agro-Fisheries & Food Trade Corporation up to about 72%. Together with 8 districts and counties, the city will operate a price countermeasure situation room and sector-specific joint inspection teams to check restaurants, beauty salons, and other businesses where there are concerns about price increases in personal service fees due to the minimum wage hike, aiming to stabilize personal service fees as well.

At the agricultural and fishery wholesale market, various policies to stimulate consumption will be promoted, such as opening parking lots free of charge from the 15th to the 23rd to facilitate citizens' purchase of ritual items, and providing prices of major ritual items like apples.

Lee Seungho, Deputy Mayor for Economic Affairs of Daegu City, said, "We will also actively promote policies to stimulate consumption, such as encouraging the purchase of Onnuri gift certificates and campaigns to use traditional markets, and make efforts to revitalize the local economy."

This content was produced with the assistance of AI translation services.