Tue. Nov 29th, 2022

Demand for goods at traditional markets and supermarkets in HCM City
fell slightly after the Tet holiday, with only small price hikes.

Traders at traditional markets said that fresh food such as vegetables,
meat and fish have been the best-selling items following the holiday.
Wholesale supply to these markets, however has fallen compared to the days before Tet, due to declining demand.

This was caused mostly by consumers stockpiling foodstuff prior to Tet, according to traders.

As a result, many traders have not bought large volumes of items from
wholesalers, said Vo Thi Trinh, a vegetable trader in Hung Vuong Market
in Binh Thanh district.

Traders said some items, such
as shrimp and fish, had increased in price by about 10 percent. Price
for chicken and eggs are the same as pre Tet levels.

A
similar situation is seen at supermarkets, with consumption falling
slightly and lower supply. However, unlike traditional markets, no
price increases have been seen.-VNA

By vivian