The Prices and Incomes Board (PIB) is working with traders in inspecting and compiling reports on complaints received against some traders who increased prices of goods under price control, following the announcement of devaluation of the Fiji dollar last week.

Secretary Ane Naulivou said their findings will be revealed in prosecution reports released every month on how many traders are under investigation and are charged.

She said in this particular case, PIB enforcement officers have to do a lot of work before any action is taken against any trader as they have to look through invoices and documents provided.

According to Naulivou, officers are on the ground doing random checks and looking at evidence provided by traders that their consignment were cleared after the 15th of this month whereby then and only then can prices change according to the devaluation.

Naulivou said all new stock of imported items will cost more due to the devaluation of the dollar.