Ulsan City Hall.

Ulsan City Hall.

View original image

[Asia Economy Yeongnam Reporting Headquarters Reporter Hwang Du-yeol] Ulsan City is taking joint measures with related organizations to stabilize the recently soaring prices.


On the 23rd at 4:30 PM, the city will hold the first working-level meeting of the public-private joint price stabilization task force (TF) team, formed in May, at the city hall international conference room.


The meeting will be attended by 12 people, including representatives from the Southeast Regional Statistics Office, four related organizations, Ulsan City, and officials from five districts and counties.


The meeting will proceed with reports on price trends in the Ulsan area and discussions on the progress of crisis response measures in sectors such as local public utility fees and price stabilization.


Recently, the consumer price index has exceeded 5%, reaching the highest level in 13 years and 9 months, requiring a response at the price crisis stage.


At the working-level meeting, trends in public utility fees in areas with high perceived price indices will be shared, and effective fee stabilization measures along with the prices of daily food items will be reviewed.


The Consumer Organizations Council, participating as a representative of related organizations, will listen to vivid public opinions on recent price increases and collect various opinions.


After thoroughly reviewing the performance and overall operation of the 'Comprehensive Price Stabilization Situation Room' and the 'Price Stabilization Task Force,' which have been operating since January this year, future price stabilization measures by each organization will also be shared.



An official from Ulsan City stated, "Price stabilization is a matter directly related to citizens' lives and is recognized as the most important and urgent issue. We will work together not only with the administration but also with small business owners and consumer organizations to stabilize the household economy of ordinary citizens."


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

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing