Changwon City to Intensively Manage Prices and Illegal Transactions Ahead of Chuseok

Changwon City, Gyeongnam Province, is stepping up focused price management in traditional markets and large supermarkets within the city in preparation for Chuseok. [Image source=Changwon City]

[Asia Economy Yeongnam Reporting Headquarters Reporter Lee Sang-hyun] Changwon City in Gyeongnam announced on the 3rd that it has designated the period until the 22nd as an intensive price stabilization management period ahead of Chuseok and will focus on managing major items expected to see price increases by operating a comprehensive price countermeasure situation room.

The city has designated a total of 64 key items for focused management, including 38 daily necessities such as 16 Chuseok seasonal items like apples, pears, eggs, and beef, and 26 personal service items, and continuously monitors prices using price monitoring personnel.

Based on this, the city will investigate the cost of Chuseok ancestral rites tables at 11 locations including large marts and traditional markets twice, on the 8th and 15th, and will provide price information by posting the results on the 'Changwon Economy' section of the city’s website on the 10th and 17th.

In addition, departments in charge of five key areas such as commercial order and personal services will use 43 public honorary monitors, 79 consumer food hygiene monitors, and 15 grain honorary monitors to crack down on unfair trade practices such as hoarding, false origin labeling, and use of fraudulent measuring instruments.

The city plans to prevent consumer damage, continuously receive reports of unfair price increases such as price collusion, take corrective actions, and eradicate unfair trade violations that undermine price stability.

At the same time, during this period, Changwon City will issue 30 billion won worth of Changwon Sarang gift certificates and encourage shopping at traditional markets through special sales of Onnuri gift certificates, while promoting the use of traditional markets among companies and related organizations.

Park Myung-jong, Director of the Economic and Job Creation Bureau, said, “During the intensive price management period, we will conduct joint crackdowns on unfair trade practices, frequently analyze and monitor the price trends of seasonal items to strengthen the price monitoring system, and make every effort to stabilize prices during the Chuseok holiday by revitalizing good price stores and the use of traditional markets.”

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