Public is urged to help prevent price increase

SHARJAH — Warning traders and producers against price hike on the heels of the recent government staff’s salary increase, the Emirates Consumer Protection Society has urged public to contact the society if they noticed price hike.

By A Staff Reporter

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Published: Tue 19 Apr 2005, 10:23 AM

Last updated: Thu 2 Apr 2015, 7:06 PM

The Society would act on any complaint from the public, Khalifa Al Muhrizi, the temporary Secretary General of the Society, stated here yesterday.

“The President, His Highness Shaikh Khalifa bin Zayed Al Nahyan’s grant was aimed at assisting the employees to meet the high cost of living as they are in real need of higher income to meet the drastically increasing cost of living and to improve their standard of living. Traders should know that the increase in the salaries is not aimed at introducing further hike in the price of various products.”

Al Muhrizi called on the implementation of a mechanism to monitor product prices.

He stressed the need for cooperation among various organisations and consumers to face exploitation and to inform the authorities concerned of price rise. He urged the people to boycott any product showing unjustifiable hike and they should opt for an alternative.

Al Muhrizi praised the significant role played by the Ministry of Economy and Planning under Shaikha Lubna Al Qasimi, the Minister of Economy and Planning, who had urged municipalities and other authorities to conduct surprise checks to ensure price stability.

Shaikha Lubna also had called for the launch of hotlines for consumers to inform of any product being offered for sale at higher price.

The Emirates Cooperative Society confirmed that it has no plan to increase prices.

Ali Bal Rahif, its chairman, said the society’s objective is to alleviate the burden on consumers by setting reasonable prices.

Abdul Hakeem Mussabaah Al Swaidi, Sharjah Cooperative Society chairman, said that the society will not allow producers to increase prices.

“The society has distributed a circular to traders warning them of a boycott if they decided to increase prices and that it would not accept even a one per cent price increase. As a cooperative society, we aim at providing our consumers goods at low prices.”



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