Yangju City Launches 'Price Stabilization Campaign' to Prevent Side Effects of Livelihood Recovery Consumption Coupons

Yangju City in Gyeonggi Province announced on the 11th that it recently conducted a 'Price Stabilization Campaign' around Deokjeong Station (Deokjeong Market) to foster an atmosphere of price stability. This comes as local consumption has been revitalized with the widespread use of 'Livelihood Recovery Consumption Coupons' during the peak summer season, but some businesses have responded by raising prices in anticipation of increased coupon use.

Yangju City has recently been conducting a 'Price Stabilization Campaign' around Deokjeong Station (Deokjeong Market). Photo by Yangju City

Approximately 20 participants, including city officials and members of the Yangju City branch of the Gyeonggi-do chapter of the Korea Consumer Education Central Association, took part in the campaign. They promoted price stability in connection with the consumption coupons and conducted guidance activities to eradicate unfair business practices.

The main focus was to urge merchants to refrain from excessive price increases, eliminate unfair pricing practices, and properly display prices. For consumers, the campaign encouraged the use of local products and stores with fair pricing, as well as the use of Onnuri gift certificates, to promote responsible consumption.

A Yangju City official stated, "This campaign was organized to help citizens suffering from rising prices maintain sound consumption habits." The official added, "We will create a satisfactory commercial environment for visitors to Yangju during the holiday season by operating a price gouging reporting center and expanding joint public-private price monitoring teams."

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