Purchasing power decreased during Tet holidays compared to the same period in previous years

The Ministry of Finance said that the overall shopping demand during the Lunar New Year days decreased compared to the same period in previous years due to the Covid-19 epidemic affecting life, many families had to consider spending.

The VNA, citing a source from the Ministry of Finance, said that the 2023 Lunar New Year of the Rabbit, which takes place at the end of January, is the peak for preparing goods for Tet. annual law. Supermarkets and trade centers continue to be attractive places for consumers by creating peace of mind for buyers regarding the origin, origin, brand, as well as food safety and hygiene standards and prices. Stabilization.

“Basically, market price movements in January 2023 and during the New Year holidays did not have unusual fluctuations, a number of essential items for Tet increased according to the rules or according to world price movements. Shopping activities on the 29th and 30th of Tet focus mainly on a number of items for year-end celebrations at families and New Year’s Eve offerings such as vegetables, fresh foods, fruits, alcohol, tobacco and confectionery”, said a representative of the Ministry of Finance.

According to the Ministry of Finance, the price of basic transport services is currently stable, within the control of localities. According to reports of localities, basically, freight rates for fixed routes in recent years have not increased or increased slightly. In order to serve the increased travel demand of passengers on the occasion before and following the Lunar New Year, a number of transport business units have declared an increase in the one-way empty surcharge.

On the 2nd day of Tet, ie January 23, 2023, at wholesale markets in Ho Chi Minh City, the amount of goods imported to the market is low, mainly vegetables, tubers and fruits, consumption is quite slow compared to the same period last year. Last year, many items were not imported due to backlog. Traders mainly sell for the opening date and deliver to restaurants and eateries operating during the Tet season.

In Can Tho, in general, commodity prices in the city at the moment are relatively stable, there are no cases of unusual price increases due to hoarding, lack of supply…

According to the Ministry of Finance, the first quarter of 2023 coincides with the time of many year-end festival activities and the 2023 Lunar New Year, prices often fluctuate according to the rule before and following Tet. Prices of some public services implemented according to the market roadmap, including electricity prices, are likely to increase soon from the beginning of the year.

Prices of medical examination and treatment services and educational services will continue to comply with the market roadmap (in which the price of medical examination and treatment services at the request of the Ministry of Health is expected to be adjusted in the first quarter of 2023). Some commodities that are priced by the state are under pressure from fluctuations in price-forming factors.

The Ministry of Finance also said that from the 3rd day of the Lunar New Year onwards, the market is expected to become more active as people begin to go to Tet, travel demand will increase and entertainment centers and venues will begin to open. head reopens.

Ministries, sectors and localities will continue to closely monitor supply and demand movements and market prices of commodities under their respective management, especially essential commodities and those with high fluctuations in prices in the local area. table to proactively plan to ensure a balance of goods to meet people’s consumption needs, stabilize the market, and prevent shortages of goods, interruption of goods sources, and sudden price increases.

Leave a Replay