Good news for consumers in Fiji as major price reductions have been announced for a number of items by the Commerce Commission based on the Price Control Order.
Commission chairman Doctor Mahendra Reddy has announced that there will be an average price reduction of 13% for potatoes, onions, tinned fish, corned mutton and beef, split peas and sardines.
There will also be an average of 12% price reduction for garlic, edible oil, powdered milk and liquid milk.
There is good news for people who love their lamb dishes as the commission has announced that there will be an average price reduction of 16% for lamb chops, lamb necks and shanks.
There will also be a 14% price reduction for rice, 10% reduction for margarine and imported butter, 20% reduction in the price of noodles and 19% reduction for salt.
These prices will come into effect from this Saturday.
Doctor Reddy said the commission’s officers will be on the ground to ensure that the new prices are imposed by the retailers and traders from this weekend.
He also warned that there are heavy penalties in place for retailers and traders who breach the Price Control Order.
The items that will be subjected to the Price Control Order are baby milk, baby food, imported butter, imported chicken, corned beef and mutton, all types of local and imported edible oils, imported garlic, locally packed and imported ghee, margarine, milk, noodles, onions, imported potatoes, rice, imported salt, sheep meat, sugar, tea, medicine, unleaded fuel, kerosene and premixed outboard fuel.
Doctor Reddy also said the prices are reasonable and is definitely not based on businesses making super normal profits through exorbitant pricing.
Fiji Retailers Association president Himmat Lodhia said the order will result in the standardization of prices however he said some businesses will face difficulties.
Lodhia said the order will weed out any unscrupulous dealers in the country.
Story by: Vijay Narayan/Sofaia Koroitanoa
Major price reductions announced
Related Stories
We are committed to holding elections – Siromi Turaga
Questions were raised during Dialogue Fiji’s Constitution review discussion on whether the government can delay the general elections and complete the Constitution review however Acting Attorney General Siromi Turaga
Fijian economy on track to grow for fourth consecutive year in 2025 by 3.4%
The Fijian economy is on track to grow for the fourth consecutive year in 2025 by 3.4 percent, following a 3.5 percent expansion in 2024. The growth forecast is revised up marginally from the 3.2 percent projected
Heavy Rain Alert for Eastern Viti Levu, Southern Bua, Cakaudrove, Taveuni and maritime areas
A heavy rain alert is now in force for the eastern half of Viti Levu (Navua–Suva–Nausori to Serua–Namosi to Tailevu–Naitasiri–Ra areas), southern Bua, Cakaudrove, Taveuni and nearby smaller islands, the Lau an
We need to dismantle criminal enterprises, hitting them where it hurts most - Speaker
Speaker of Parliament, Filimone Jitoko has highlighted during the opening of the Office of the Director of Public Prosecutions Conference that there is a need for prosecutors in the country to master the digital frontie
Fiji has learned from its past and we know that restricting media engagement or access is not the answer - Tabuya
At all times, the public interest in accessing information and the media’s role in scrutinising government must outweigh any unilateral power to silence or sideline a news outlet. In Fiji, we uphold the principle that
Wailea resident raises concerns about drug issues raised countless times with Police while COMPOL says official complaint must be lodged
Wailea Settlement Community leader, Inoke Utona says he has raised the issue of drug use and dealing in their area countless times with the authorities but there has still been no response from Police. However when