
The Fijian Competition and Consumer Commission has announced a 15 percent reduction in the ex-factory wholesale prices of Ghee products.
According to the Commission, this will reduce cost-of-living pressures for Fijian households.
FCCC Acting CEO Pranil Singh stated that retailers and wholesalers are required to adjust their prices to reflect the new ex-factory rates.
He stated that businesses must pass on the price reductions to consumers and warned that those who do not comply will face strict action.
As a result of the price change, the retail cost of a 750ml bottle of Ghee, which previously ranged from $27 to $31, is expected to decrease.
FCCC will be actively monitoring the market to ensure fair pricing and has encouraged consumers to report any unfair pricing practices.
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