Food prices stable at the beginning of the new year

At supermarkets, food prices are stable while at some retail markets, prices have increased slightly, similar to the days before Tet.

Since the third day of Tet, some traditional markets, supermarkets and shopping malls in cities across the country have opened for business. Purchasing power has increased again along with the need to shop to prepare for burning votive papers and worshiping ancestors.

According to a quick report from the Ministry of Industry and Trade, in the supermarket system, the source of goods is still abundant, diverse, and the selling price is stable compared to before Tet.

At traditional markets, in addition to fruit offerings at the beginning of the year, the items sold are mainly fresh foods (seafood, beef, vegetables).

People shop at a supermarket on Hanoi Highway. Photo: Hong Chieu — People shop at a supermarket on Hanoi Highway. Photo: *Hong Chieu*

Compared to the days before Tet (28th - 30th of Tet), the prices of vegetables and fresh flowers at the market did not increase much, while fresh food items such as beef and seafood only increased slightly and were relatively stable compared to the second day of Tet and the days before Tet.

"Although demand has begun to increase, supply is relatively abundant so there has been no shortage of goods or sudden price increases," said the Ministry of Industry and Trade.

Survey shows that the price of high-quality rice (Tam Xoan, Tam Hai Hau) is stable at 22,000-45,000 VND per kg, pork is 120,000-150,000 VND per kg, CP's ready-made chicken fluctuates at 150,000-180,000 VND per kg, beef tenderloin is 280,000-300,000 VND per kg.

Prices of seafood products remain at the same level as the market on the 29th and 30th of Tet, for example, shrimp (26-30 pieces per kg) costs 300,000-400,000 VND per kg, grass carp costs 90,000-120,000 VND...

Vegetable prices have increased slightly compared to the days before Tet. Cabbage costs 12,000-15,000 VND per kg, kohlrabi 5,000-7,000 VND per root... Flowers and fruits of all kinds have also increased slightly, oranges 50,000-70,000 VND per kg, grapefruits 15,000-25,000 VND per fruit, chrysanthemums 5,000-7,000 VND per branch, lilies and dahlias 25,000-35,000 VND per branch.

According to the management agency, from the 4th day of Tet, many supermarkets, convenience stores, traditional markets and grocery stores began to open more stores, and the products on sale were also more diverse. However, consumer demand in the market has not increased much, the products consumed in large quantities are still mainly food, especially vegetables, fruits, beef and seafood.

Similarly, the price management agency, the Price Management Department (Ministry of Finance), also forecasts that prices of essential consumer goods will not have unusual fluctuations because shopping demand at the beginning of the year is still low.

To continue controlling prices in the first days of the new year, the Ministry of Finance recommends that ministries, branches and localities continue to closely monitor the supply and demand developments and market prices of goods under their management. In particular, prices of essential goods and goods with high price fluctuations in the area are controlled to proactively ensure a balance of goods and market stability.

Phuong Anh

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