The much awaited announcement on the new downward pricelists of some itemised goods, went dead yesterday. Domestic Trade and Consumers Affair Minister Datuk Shahril Samad did not make any statement as promised earlier this week.
What happened, nobody knows.
However, it is not going to be easy to revise the price downward as what the government did on the prices of petrol and diesel.
Itemised goods are under the control of wholesalers and retailers. In remote areas, the prices are exhorbitant. For the government to deal with them will take more than just what the enforcement unit could do.
Prices may differ from one place to another. If we have 200 consumer items under the controlled price list, it will take much time to conduct a study and a market survey before the prices can be lowered.
Even the Association of Petrol Station Owners claimed that most of its members incurred losses due to the reduction price of petrol and diesel. Wholesalers and retailers of itemised goods may concur the same thing. To them, anthing that goes up must not come down!