The Price Control Unit says it will prosecute any wholesaler or retailer in Honiara who are found to increase prices of any Price Controlled item.
In a statement today, the Unit warned wholesale and retail stores against increasing prices of basic consumable goods during the current disaster situation in the capital, and in Guadalcanal.
In a statement, the Unit says markups of all basic consumable commodities in Honiara should remain at 10 percent for wholesale and 13 percent for retail of all Price Controlled Items.
