Hong Taeyong, Mayor of Gimhae, Gyeongnam, Checks Grocery Prices Ahead of Chuseok

Listening to Price Trends of Traditional Market Holiday Seasonal Goods and Consumer Sentiment

Hong Tae-yong, mayor of Gimhae City, Gyeongnam, checked the prices of essential items in his shopping basket while purchasing Chuseok holiday goods at a local traditional market.

[Asia Economy Yeongnam Reporting Headquarters Reporter Lee Seryeong] On the 7th, Hong Taeyong, mayor of Gimhae City, Gyeongnam, visited Dongsang Market and Sambang Market to check the price trends of Chuseok seasonal products and conducted a price stabilization campaign.

Due to the resurgence of COVID-19 and the impact of high prices, consumption has contracted, causing a decrease in sales for market merchants. To provide practical help, he participated in a traditional market consumption promotion and price stabilization campaign and shopping event together with accompanying senior officials.

Mayor Hong checked the basket prices by purchasing Chuseok seasonal products with Onnuri gift certificates and listened to the merchants and citizens visiting the traditional markets about the economic sentiment and local economic situation.

The items purchased by Mayor Hong that day were donated to local welfare facilities.

The city announced that it will operate a comprehensive situation room for price stabilization measures and a joint inspection team until the 12th to manage Chuseok price stabilization.

They are inspecting the distribution system and conducting focused guidance and crackdowns on unfair trade practices related to major seasonal products, such as price collusion, hoarding and monopolizing, and non-compliance with price labeling regulations.

Mayor Hong said, “I will do my best to stabilize the livelihood economy and revitalize the local economy so that many small business owners and citizens who are experiencing economic difficulties due to early Chuseok and high prices can have a happy Chuseok.”

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