Seongnam City Conducts Price Survey of 16 Lunar New Year Products Every 3 Days...

[Asia Economy (Seongnam) = Reporter Lee Young-gyu] Seongnam City in Gyeonggi Province will post the prices of 16 Lunar New Year seasonal products, including apples, pears, chicken, croaker, and pollock, on the city’s website until the 2nd of next month as part of measures to stabilize prices during the Lunar New Year.

The purpose is to allow citizens to easily compare the prices of Lunar New Year seasonal products and shop at lower prices, as well as to encourage voluntary price control by retailers.

To this end, Seongnam City has dispatched 51 price monitoring agents to 14 locations including department stores, large discount stores, and traditional markets within the city to check the demand, supply, and price status of the relevant items.

The city updates the price trends of agricultural, livestock, and marine products at each store every three days and uploads them on the city’s website.

In addition, to monitor unfair trade practices, the city has formed three inspection teams (20 members) consisting of relevant city hall departments, consumer groups, and livestock product inspectors to conduct surprise visits to 27 locations including large discount stores and traditional markets to check for violations such as failure to comply with price labeling regulations, overcharging, hoarding, and collusion.

Violations will be subject to corrective actions on site, fines, or reports to the Fair Trade Commission depending on the severity.

Along with this, to prevent the resurgence of COVID-19 during the Lunar New Year holiday, the city also promotes compliance with preventive measures such as mask-wearing by business workers and users.

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